Mike Simonsen on home price cuts and what the trend means for the spring housing market
HousingWire Daily
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Current Trends in U.S. Housing Markets
This chapter analyzes the state of home prices across various U.S. regions, focusing on inventory disparities and their impact on affordability. It discusses how rising mortgage rates and increasing insurance costs are influencing market dynamics, particularly in high-demand areas like Silicon Valley and Florida. The conversation also highlights broader trends in the housing market as it transitions into spring, examining potential risks and strengths in different geographic markets.
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