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The savagely unhealthy housing market is now a nightmare

Housing Wire

from the previous month and 8.6% 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. The only way this happens is higher rates.

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Will we start 2022 with all-time lows in housing inventory?

Housing Wire

My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6. While the rate of growth of home prices is cooling off (the S&P CoreLogic Case-Shiller Home Price Index typically lags), it’s still at a very unhealthy level for me.

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Logan Mohtashami’s 2023 housing market forecast

Housing Wire

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. So where does all that drama leave us for 2023?

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Four Horsemen of the Housing Apocalypse, Part 3: On a Black Horse – Recession

Notorious ROB

But, thanks to rising inflation that no amount of book-cooking can cover up, the Fed has been forced to “take action” by which we mean raise rates a tiny bit, then jawbone a whole lot about how tough they’re going to be on inflation. In part 1 , we covered legal and regulatory challenges to the real estate industry.

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Looking Forward to 2023: Slow and Steady Wins the Race

GeekEstate

Imagine startups are race cars and interest rates are gas prices. Fighting tooth and nail to put every dollar in the bank, day after day, month after month. [Editor’s Note: Below is the full text of our 239th Weekly Transmission, originally delivered direct to the inbox of more than 600 GEM members on January 4th, 2023.].

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