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Rising interest rates and affordability crunch drag down July home sales and prices, C.A.R. reports

Rising interest rates and affordability crunch drag down July home sales and prices, C.A.R. reports
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MSNBC Hallie Jackson Reports January 12, 2022 20:23:00

Jumps relative to the last couple years that were affected by the pandemic. i think we ll see much more normal price activity going forward. we know that the fed, right, with the chairman of the fed telling lawmakers on tuesday i believe they re considering raising interest rates to try to get a handle on inflation and tame inflation. from a very consumer focus perspective, ron, what should people be doing with their money right now under the assumption that the fed may raise interest rates or try to get a check on inflation. anything different? not much anybody needs to do differently with a long-term discipline plan. you put your money away on a daily basis and dedicate and as some suggested goldman sachs or if the fed were to raise rates four times or more some time this year, then at that point the stock market could run into serious difficulty. we ve seen it wobble a little bit this year. for the moment not much to do ....

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California housing market defies higher interest rates and inventory crunch in November, as recovering economy provides support, C.A.R. reports

/PRNewswire/ Despite low housing inventory and higher interest rates, California s housing market continued to log a strong sales pace in November and. ....

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California housing market defies higher interest rates and inventory crunch in November, as recovering economy provides support, C.A.R. reports

/PRNewswire/ Despite low housing inventory and higher interest rates, California s housing market continued to log a strong sales pace in November and. ....

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California housing market rebounds in September as existing home sales reverse four-month decline, C.A.R. reports

/PRNewswire/ California home sales closed out the third quarter by reversing a four-month decline and posting the largest monthly increase in more than a. ....

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