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Weekly Market Recap: S&P 4300: Bulls For The Win? Or Time To Take Profits?

Wealthion - Be Financially Resilient

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The Fed's Anomaly on the Existing Home Side

Mortgage rates are so high, why would I sell my house at 3% mortgage to go buy a new house to the 7% mortgage? So this is keeping a lot of potential sellers out of the market. The few sellers that are in the market on existing homes, they're able to ask for higher prices because there's just not enough inventory for that. There is a potential inflection point here where it's resist, resist, resist and then all of a sudden, you know, you start seeing tons of new inventory go on, right?

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