Many homebuyers are dropping out of the market

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Faced with all-cash offers they can't match and a feeding frenzy on each house they visit, many prospective buyers are dropping out of the market

Buying a home of her own became a priority for Kelly Robinson during the pandemic, as she began to feel cramped in her Indianapolis apartment.How does inflation affect my standard of living?"Last fall having to stay home so much, that really made me decide that it is time to buy a house," she said. Among the top amenities she was looking for: outdoor space and more privacy.

How does inflation affect my standard of living?"While all surveyed segments have expressed greater negativity toward homebuying over the last few months, renters who say they are planning to buy a home in the next few years have demonstrated an even steeper decline in homebuying sentiment than homeowners," he said.

 

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That’s what rich Chinese and Black Rock want you to do.

Nobody goes there anymore because it's always too crowded. Bubble bursting time?

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