Jun
22
Originally published by Lynn Pollack on June 13, 2022, for The GlobeSt.com.
While home prices are responding to higher mortgage rates, there is “little evidence of a housing bubble that is about to burst,” according to a new report from Moody’s Analytics.
The lowest tier of the housing market appreciated by 17.2% in the past year alone, placing an extreme burden on first-time buyers.
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