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When is the housing market going to crash? is a red-hot search on Google – here s why
CNBC
2 hrs ago
Diana Olick
Google reported last week that the search When is the housing market going to crash? had spiked 2,450% in the past month.
At the start of this month, 42% of homes were selling for more than their list price, according to real estate brokerage Redfin. This was 16 percentage points higher than the same period a year earlier.
I have to admit I m worried when I hear that. It does make me concerned, said Frank Nothaft, CoreLogic s chief economist.
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