The 2022 housing market: A tale of two halves
Housing Wire
DECEMBER 27, 2022
“The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. The number of home listings dried up , contracts were canceled , the few buyers still out there demanded concessions , mortgage rates spiked to 7% and homebuilder sentiment hit rock bottom. Or will soon.
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