The Housing Market Is Tanking Pretty Badly This Year

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  • The Housing Market Is Tanking Pretty Badly This Year
    The Housing Market Is Tanking Pretty Badly This Year

    Dean Baker notes that even though the economy is strong, people aren’t taking out new mortgages: Mortgage applications have been falling all through the fall, they are now down 22 percent from year-ago levels, with purchase applications down 3 percent. This matters because if people aren’t taking out mortgages […]

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