But some flat spots are showing up!
And how would the housing market digest these kinds of mortgage rates?
Since the Financial Crisis, the number of renters surged at a blistering pace, and renters became a majority in 42 cities, but the trend has now reversed.
Why is Fannie Mae Offering Goldman Sachs et al. Such Fat Margins on Defaulted Mortgages?
Oops, they’re already rising.
A blistering boom, backed by $4.3 trillion in bank loans, ends.
Rents fall the most in the Amazon neighborhood, as new supply piles up.
But rents tank in the most expensive metros. Even Seattle cools off, awash in new supply.
But red-hot Seattle sees first back-to-back declines since 2014!
What does this say about the overall housing market? And are the industry’s home-price numbers inflated to promote higher home prices?