0 minute readWarren Buffett on the market woes befalling many in the financial sector, and particularly in the mortgage-led secondary market, per Reuters: “It’s sort of a little poetic justice, in that the people that brewed this toxic Kool-Aid found themselves drinking a lot of it in the end.”
Paul Jackson is the former publisher and CEO at HousingWire.see full bio
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The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]
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Paul Jackson is the former publisher and CEO at HousingWire.see full bio