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Economists got it WRONG! Home Prices SOAR, despite HIGHER mortgage rates. But why? 

Brian Fitzpatrick - Boston REALTOR®️
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Home prices reached a new high in Q3 2023, despite higher mortgage rates. With steady homebuyer demand and a shortage of housing inventory, prices went up. Just about all housing economists called for home prices to remain flat or go up slightly. New England saw the sharpest increases with home prices up nearly 10% YOY!
Link to article: www.housingwir...
Brian Fitzpatrick - REALTOR® (Boston, MA)
Lamacchia Realty
451 Main St.
Waltham, MA 02452
MA License # 9569380
www.brianfitzr...
brian@brianfitzrealty.com

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1 окт 2024

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Комментарии : 3   
@tovarco
@tovarco 10 месяцев назад
Still down in CA. 10%+
@brianfitzrealty
@brianfitzrealty 10 месяцев назад
Really? Not according to the numbers I'm seeing. Only DC and Hawaii are down YOY - and less than 1% is essentially flat. There may be some local spots that are performing below average, but I suspect they are few and far between.
@tovarco
@tovarco 10 месяцев назад
Central Valley CA for me. Lets say new construction....prices are down easily 10% from last year or the peak but things are selling...yes no/low inventory. I dont think we are crashing from like 2008. Yes....the experts....just cry housing crash 24/7....gets thems hits I imagine. :-) @@brianfitzrealty
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