Boom and bust: housing market headed for a cycle
In a buyer's market with mortgage rates dipping below 13 percent, the writer predicts a surge in home sales followed by rising prices as scarce inventories vanish. Builders face profit pressures, mills rebound on demand, and tax policy is critiqued as unlikely. the piece concludes with a caution to buy while prices stay low, or risk being priced out as cycles repeat.
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