Ever wonder why those 'For Sale' signs barely pop up in your neighborhood? Blame the 'lock-in effect.' Lots of homeowners snagged super-low mortgage rates a few years back, so now they’re sticking with what they’ve got—even if their house doesn’t fit anymore. That means fewer homes for sale, higher prices, and first-time buyers facing slim pickings. If you’re house hunting, patience and flexibility are your best friends until more people decide to move. #RealEstate #housingmarket #mortgagerates