Ryan Serhant is warning would-be homebuyers against assuming that lower mortgage rates will deliver an easier path to homeownership in 2027—and says the housing market has a problem that cheaper borrowing alone cannot solve.Speaking exclusively to Realtor.com®, Serhant shared his outlook for the year ahead, identified markets he believes could surprise buyers, and weighed in on the debate over private listings. He also offered a glimpse inside his own townhouse and revealed a buyer request that has him searching for an enormous stretch of land with its own airport.At the center of his housing outlook is a concern about people at opposite ends of the property ladder being unable to move.“We have entered an environment where people can't afford to buy their first home, and their parents can't afford to leave their last one, and it's a problem we need to solve," he said.“Lower mortgage rates will help, but rates alone are not going to fix the cost of housing or the cost of moving. We need to create more supply and fewer obstacles," Serhant added.Serhant argued that the system has become an obstacle to moving, with consequences that have developed over many years.“I think that what we'...
EXCLUSIVE: Ryan Serhant Warns Homebuyers Against Waiting for 2027: ‘You Don’t Want to Wait Until It’s Too Late’
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