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Call it a ‘crash,’ call it a ‘recession:’ The housing market is so weird right now no one knows how to describe it

“Rising inflation and interest rates have cooled off the red-hot housing market, and many Americans wonder what will come next.  One thing is certain — it’s a market the likes of which we haven’t seen before. In a typical real-estate cycle, four phases occur: expansion, hyper supply, recession and recovery. But hyper supply is missing from the equation this […]

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