HOUSING MARKET SHOWING CRACKS – Are We Facing Another Bursting Bubble?
by Dave Allen, The International Forecaster: The average mortgage rate is up 80bps or 50% in just over one week. As a result, applications for a mortgage are now roughly half the level they were one year ago. Homebuilder sentiment is at a two-year low. And online real estate companies Redfin and Compass have announced layoffs […]
Source: https://www.sgtreport.com/2022/06/housing-market-showing-cracks-are-we-facing-another-bursting-bubble/
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