Housing Market Threatened by Artificial Constraints
Housing market faces artificial inventory constraints as homeowners locked into low 2-3% rates refuse to sell. Despite 6% mortgage rates, home prices rose 6% in...
New Home Sales Drop 8% as Buyers Leave High-Priced Markets
New home sales fell 8.1% in June 2022 as buyers flee expensive markets like LA and San Francisco. Remote work enables relocation to affordable areas....