✉news BusinessReal Estate first seen 2 d ago, last 2 d ago, peak #6
Housing market 'really stuck in the mud', says Peter Boockvar
Original: The housing market is 'really stuck in the mud', says OnePoint's Peter Boockvar
Peter Boockvar of OnePoint says the housing market is 'really stuck in the mud', pointing to a market that is barely moving in either direction. High mortgage rates have left buyers sidelined while many homeowners with low locked-in rates are reluctant to sell, keeping inventory and transactions depressed.
Why now: Elevated mortgage rates continue to freeze home sales and keep affordability in the headlines.
Peter BoockvarOnePointUS housing market
Evidence
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