Fannie Mae economists say “extraordinarily tight” inventories of existing homes driven by mortgage lock-in effect has shifted demand toward new homes.
Source: Inman News
Housing is outperforming, but recession may still be in the cards
Published in doug duncan, economy, fannie mae, federal reserve, housing inventory, inflation, Jerome Powell, lock-in effect, Markets & Economy, Mortgage, mortgage rates, Select, theme-month-202305 and unemployment
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