Housing market “pushed to the limit” as mortgage rates jump, sales slump
The housing slowdown we’ve been anticipating for months is here. The big picture: Home sales are slowing down, and some of the pandemic era’s hottest “Zoomtowns” — sleepy areas where remote workers pushed up real-estate prices — are already seeing price drops. Why it matters: The idea of a real estate downturn might seem scary, especially […]