This is how housing markets turn. Slowly.

Real Estate

Mortgage Rates Are Pushing U.S. Homes Out of Reach
By Justina Vasquez
October 30, 2018, 

".....days or weeks on the market turning into months; rising mortgage rates. First-time shoppers start to get priced out, making it harder for move-up buyers to selland the slowdown ripples gradually up the real estate food chain."

LINK to Original Article