Housing Crash Imminent: As Mortgage Rates Explode Price Cuts Soar And Buyer Demand Collapses
Cost to buy an average home in US has gone from $1,500 / mo to $2,500 / mo in the past year
"While a lot of home sellers are already dropping their prices, more homeowners will likely decide to stay put now that the mortgage rate on a new home is significantly higher than their current one.“
Housing Crash Imminent: As Mortgage Rates Explode Price Cuts Soar And Buyer Demand Collapses
BY TYLER DURDEN
FRIDAY, JUN 17, 2022 - 05:20 PM
A little over a m…
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