U.S. homebuyers stuck in ‘divided market,’ economist explains
Existing US home sales drooped to a 13-year low in October. National Association of Realtors (NAR) Chief Economist Lawrence Yun breaks down the unique set of circumstances weighing on homeowners and sellers in the US housing market.“The challenge is that with higher mortgage rates, it’s really hurting the first-time buyers from entering the market. First-time […]
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