https://eyeonhousing.org/2023/10/existing-home-sales-plunge-to-13-year-low-as-mortgage-rates-surge/ National Association of Home Builders Discusses Economics and Housing Policy Thu, 28 Nov 2024 06:40:53 +0000 hourly 1 https://eyeonhousing.org/2023/10/existing-home-sales-plunge-to-13-year-low-as-mortgage-rates-surge/#comment-2244395 Thu, 28 Nov 2024 06:40:53 +0000 https://eyeonhousing.org/?p=34160#comment-2244395 Thank you for sharing such an informative article!

]]> https://eyeonhousing.org/2023/10/existing-home-sales-plunge-to-13-year-low-as-mortgage-rates-surge/#comment-2225332 Wed, 29 Nov 2023 18:01:31 +0000 https://eyeonhousing.org/?p=34160#comment-2225332 Reduced sales could indicate a slowdown in the housing market, potentially leading to decreased demand for new construction projects. Builders seeking construction loans might face tighter lending conditions due to the market uncertainty. Lenders could adopt a cautious approach, impacting the availability and terms of construction financing. Builders and developers may need to carefully navigate these conditions when seeking loans for their projects.

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