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Logan Mohtashami on why home prices will cool down
HousingWire Daily
Market Trends and Affordability Impact on Housing Market
Market trends indicate that with increased supply and higher mortgage rates, the housing market is not expected to repeat the hyper-competitive conditions of 2020 and 2021, when nearly 78% of homes received multiple bids due to low inventory and very low mortgage rates. Affordability remains a concern despite the changes in market conditions.
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