Housing Market PLUMMETS. "we're in a housing depression".
Realtors across America are beginning to admit the truth: we're in a housing market depression, with historically low home sales and home prices that are beginning to go down across America.
Economists from realtor.com and the National Association of Realtors admit that the 2024 housing market has been disappointing so far. Especially in housing markets like Florida, Texas, Arizona, and Tennessee, where homes for sale is skyrocketing and prices are starting to drop.
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