Real estate markets are about to do something they haven't done since 2005.
— The Kobeissi Letter (@KobeissiLetter) September 11, 2023
For the first time since the financial crisis, EXISTING home prices are about pass NEW home prices.
The median new home sales price is now down to $416,000.
Meanwhile, the median existing home sales… pic.twitter.com/8TRkayTSn6
Heads up people PAY ATTENTION
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