Logan Mohtashami on purchase apps and lower mortgage rates
HousingWire Daily
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What's Happening in the Housing Market?
Seasonality is kicking in now with inventory. It's not because demand is getting better or anything like that. So what happened at the end of June is that new listings data started to decline earlier and faster than normal. And that's a problem for housing. But you can have falling demand and not have inventory skyrocket.
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