Today we have some good news for the housing market! The weekly inventory data, which had fallen faster than I had anticipated the last few weeks, has now seen a slight uptick. With mortgage rates also falling, I am hopeful that more people will list their homes and buy another, so we can get back to a more functional housing market.
One of my biggest concerns for housing started at the end of June 2022: once mortgage rates got above 6%, the new listing data began to decline details ⇒
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