Homebuilders aren’t feeling as confident as they used to. The October National Association of Home Builders/Wells Fargo Housing Market Index fell to 40, the lowest level since January. Anything below 50 indicates negative sentiment. Higher mortgage rates have weighed on builders, with the survey noting some are starting to trim prices in a bid to attract buyers. Yahoo Finance Live discusses the report.
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Market crash is coming! prepare!
20% correction maybe
@Jake 02188needs to be 40-50%
@hossman201 35% at the current rates😆 some people are chosing multi family homes because investors won’t go near them