Boomers are hoarding all the houses

Econ & Housing

(Stacker) – The two-and-a-half-year real estate rollercoaster has calmed in 2023, at least somewhat, as more Americans decide to stay put.“The big story for the last couple of months has been lack of inventory due to mortgage rate lock-ins,” Redfin chief economist Daryl Fairweather said. “Now that rates are above 7%, it doesn’t make sense…

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