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Conor Sen: For Many Homebuyers, It’s New Construction or Nothing
With current owners staying put thanks to cheap mortgages, existing homes for sale are hard to find. That puts homebuilders in the catbird seat. After the housing market's surprise rebound in January, 30-year mortgage rates have risen to nearly 7%, cooling things back off. Mortgage applications have slumped to a 28-year low. But that's not
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Posted: February 27, 2023 Monday 06:00 AM