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A Coming Surge In Inventory To Drop Home Prices By Up To 35%? | Nick Gerli

Wealthion - Be Financially Resilient

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The Fed's Forecast for the Housing Market

Mark O'Mara: We've got this frozen market. How long can houses housing resist this whole of gravity that high mortgage rates like this, just inexorably have to enforce on the housing market? He says prices so far are only down 1% nationally year over year, they're down up to 15% in a market like Austin, Texas and other cities like Miami,. They're still up. However, the housing market as a whole will trend more and more to doing what the builders did in terms of big price cuts as 2023 progresses. The average home buyer in America can't afford it literally can't qualify for alone. So, it's a matter of choice for most

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