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SOTM 88: Buyer Beware – A Housing Bubble Is Brewing

Real Estate Rockstars Podcast

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Second Home Demand Is Going Down, Mortgage Rates Go Up

Demand for second homes eestis plummeting as mortgage rates go up. Enthusiasm for vacation homes shot through the roof earlier in the pandemic. But escalating prices, driven by fierce competition for a supply of tight listings and a surge an mortgage rate, have slowed the boom. A chief economist who called the two thousand eight housing crisis warns the us. Housing market is in the early stages of substantial down shift as demand subsides.

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