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Rising Inventory Will Be the Housing Market’s Next Problem
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Allen Santos
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Source: The Washington Post — The US housing market is in an uneasy state of equilibrium. Demand has plummeted as mortgage rates hit a two-decade high, but prices haven’t declined much in part because supply […]
Is the savagely unhealthy housing market back?
May 19, 2023
Mark Paul Cervantes
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Just when I thought days on market were returning to normal, that number for existing homes fell back down to 22 days. Why is this so important to me? If the days on the market […]
With Mortgage Rates Soaring, the Housing Market Takes Another Hit
September 30, 2022
Mariel Alumit
Weely Real Estate News
Comments Off on With Mortgage Rates Soaring, the Housing Market Takes Another Hit
Source: The New York Times — As the average 30-year mortgage rate eclipses 7 percent, home buyers and sellers are confronting sticker shock. The interest rate for the most common home loan in the […]