Presumably, this will eventually even out as people have to move for one reason or another and 7% mortgages become more normal (and historically, they aren't un

Presumably, this will eventually even out as people have to move for one reason or another and 7% mortgages become more normal (and historically, they aren't unusual). But, yeah, right now, the number of people I know who have paused plans to move? A lot. Both within the area and others who were contemplating relocation. We were considering a move to a smaller city, but prices there have gone up just as fast as our current area (DC metro). Along with the interest increases, it's not viable any more (would require wife to find new employment, probably at the lower prevailing wage for that area).