Logan Mohtashami: Housing reports show impact of housing inflation
HousingWire Daily
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Is the Business Model of the Builders at Risk?
"The builders got greedy, they got really greedy with prices," he says. "When rates go up, the market turned on them, right? You know, the whole summer of 20 20 we talked about no one,. point, nine, four, once that, once that can break, the whole market changes." The builder's business model is at risk because higher mortgage rates are impacd there buying pirat's a very small market to the existing homes; it's a majority mortgage buyers.
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