Riders On The Storm! Buying Conditions For Housing Rises To 39, But Remains In The Doldrums (Home Prices UP 35.4% Under Biden, Mortgage Rates UP 148%)
by confoundedinterest17 We are all riders on the Biden housing storm. Existing-home sales have finally started to improve on a seasonally adjusted basis after a three-year decline. Cause? Raging home prices combined with higher than normal mortgage rates. Home prices are …