Lower mortgage rates are stabilizing the housing market
Housing Wire
DECEMBER 7, 2022
Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008. million, the equilibrium balance between a buyer and seller marketplace that has been here for four decades. As we can see below, none of that is happening today because the seller isn’t stressed. Total inventory levels.
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