This Disturbing Indicator Explains The Housing Crash (Investors in PANIC Mode)
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After five straight months of price decline, the lowest mortgage application reading of the 21st century, and the fastest mortgage rate increase in modern American history, the US housing market is collapsing before our eyes. For years now the house of cards climbed higher and higher, as builders, real estate agents, loan officers, investors, and sellers celebrated while millions of young hopeful Americans watched as prices grew out of reach, turning the American dream into a nightmare.
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