Pending Home Sales Fall To Lowest Since 2020 (Covid) As People Flee New York And California

Agency MBS, CMBS, CRE, ECB, Economy, Existing Home Sales, fannie mae, Fed, GDP, Housing, Inflation, Mortgage, New Home Sales, Powell, REITs, Silver, SPX, Stocks, Uncategorized 1 Minute

According to Redfin, US pending home sales fell to the lowest since the Covid epidemic of 2020.

With the population change from state to state, like New York, California and Illinous to South Carolina and Idaho (home of Napolean Dynamite), it is no wonder that the housing market is in a state of turmoil.

Why leave New York? A scene from Mandami’s NYC.

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Published by confoundedinterest17

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