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The savagely unhealthy housing market is now a nightmare

Housing Wire

Now that we are almost in July, we can safely say the premise that once mortgage rates hit 4%, the mass panic selling of American homeowners who need to get out at all costs, driving total inventory up in the millions, hasn’t happened. Now that mortgage rates have risen, demand is getting hit, while we are still showing 14.8%

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Housing Market 2020 Forecast: Will It Crash or Recover?

Marco Santarelli

Low mortgage rates, population growth, and an increase in buyer interest are further driving the demand for available housing. Record low mortgage rates are providing opportunities for buyers to lock-in low monthly mortgage payments for future years. The month of June recorded a jump of 20.7% housing market, too.

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