“The housing market is obviously very sensitive to mortgage rates,” says Lawrence Yun, chief economist at NAR. “Softer sales in December reflected consumer search processes and contract signing.
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Nation running at 90% normal economic, housing activity – Other leading metros included Austin, Honolulu, Houston and Oklahoma City. As far as smaller metros, both Midland and Odessa, Texas, have LMI scores of 2.0 or better, meaning their markets are now at.
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