Lower mortgage rates are stabilizing the housing market
Housing Wire
DECEMBER 7, 2022
This time the hit on demand is much more challenging as we are working from a savagely unhealthy rise in home prices since 2000, and mortgage rates have skyrocketed in the most prominent fashion in modern history. Also, I believed the risk to the housing market was if home prices grew more than 23% over the five years of 2020-2024.
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