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Housing inventory fell last week, but it won’t derail the spring bump

Housing Wire

Although I expect some of the weekly data to rebound next week as a result, growth in active and new listings is still trending slower than I thought would happen in 2024. Also, spreads between the 10-year yield and the 30-year mortgage got better last week, which is a big plus for the future if this trend continues.

Inventory 427
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Logan Mohtashami’s 2023 housing market forecast

Housing Wire

The 2022 housing market was savagely unhealthy , with all-time lows in inventory leading to massive bidding wars and price spikes until the Fed put a screeching halt to all of it with rate hikes that resulted in the most significant one-year spike in mortgage rate history. So where does all that drama leave us for 2023? What did I get wrong?

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CITIES FACE DAUNTING OFFICE-VACANCY CHALLENGE

Will Springer Realtor

If we are supposed to be back in the office, you can be forgiven if you don’t believe it. Downtown Seattle – which includes a workforce of about 340K – has been far slower to recover from the health crisis than most U.S. You are not going to get people to come back into the office to the same degree as they did before 2020.

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The Full Measure with Kevin Hecht: Economic Recap May 2023

McKissock

Economic recap May 2023 The current economic landscape is riddled with several critical issues that demand attention. Reduced entitlements could stimulate GDP growth, whereas higher taxes risk suppressing economic activity. Inflation Inflation moderated to 4.9% Inflation Inflation moderated to 4.9%