Top Broker Ryan Serhant Says Homeowners With 3% Mortgages Are 'Imprisoned in Their Own Homes' as Housing Splits Into 'Four Americas'

You're Ignoring the Real Growth Triggers — Here's What to Add NowMarket Divide"There are cash buyers," Serhant said. "There's buyers who need financing. There's owners who are locked into 3% rates who are imprisoned in their own homes. Serhant's comments come as the U.S. housing market continues to rebalance after years of seller dominance. Even so, affordability remains the biggest hurdle, with mortgage rates and home prices continuing to rank as buyers' biggest concerns.