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Logan Mohtashami: Why didn’t home prices correct with lower home sales?

HousingWire Daily

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Navigating the Housing Market Turbulence

This chapter examines the intricacies of the housing market, focusing on home prices, purchase applications, and affordability challenges. It highlights the resilience of home sales amidst rising interest rates and economic uncertainty while reflecting on historical trends and the current state of the mortgage industry. The discussion also delves into demographic insights on homebuyers and the impact of workforce changes in the mortgage market.

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