This post was originally published on TKer.com.
Low financing costs, excess savings, and a demand for more space during the pandemic fueled a frenzy in the housing market that sent home prices surging.
Homebuyers, however, are now confronting an increasingly unaffordable housing market that’s been plagued by shortages.
And with the Federal Reserve forcing financing costs higher in recent months, housing market activity has cooled off considerably.
“Housing is likely just at the beginning…
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