The US housing market has never frozen this rapidly

13/02/2023 / American, Finance / America, Housing, mortgage, United States

The housing market has never frozen this rapidly.
Not even leading to 2007-2008.

Blackstone, KKR & Co are limiting redemptions from their funds in an attempt to slow the bleeding.

Unless mortgage rates come down quick, it's not looking particularly good for house prices. pic.twitter.com/oFqFSSGJbJ
— Alf (@MacroAlf) February 12, 2023