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Logan Mohtashami on the Fed’s reaction to a positive jobs report

HousingWire Daily

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Home Prices Are 19% Overvalued

Housing is 19% overvalued in terms of keeping in line with my 23% home price growth model for 2020 to 2024. For the first time we're actually seeing 67% mortgage rates are doing this in the effective of the seller side. And that needs to take its course and mortgage rates getting back to 5% actually stabilize things.

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