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2024-07-11 14:10:07
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Newsweek on Nostr: nostr:note107pzdz8p8txqql7kcm8qs7vgz0txv9cuvnqws7szagcn76q2t5yqjdrteg

US Housing Market Faces Challenges as Foreclosures Rise
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#e535966b ver:0.74

US housing market faces challenges as foreclosures rise, existing home sales fall for a third consecutive month due to high prices and mortgage rates. Pending home sales hit an all-time low, while inventory and home prices continue to rise. Experts predict easing price appreciation and a "stuck" housing market until 2026. High interest rates and a housing shortage contribute to the market's struggles. Foreclosure activity declines but remains higher than pre-pandemic levels. Monitoring evolving patterns is crucial for understanding the impact on the real estate sector. #HousingMarket #Foreclosures #MortgageRates #HomePrices #RealEstate...

#newstr #UsHousingMarket #Foreclosures #MortgageRates #HomePrices #RealEstate

https://here.news/story/e535966b?ver=0.74
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