Archive: real estate deals

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The housing market is a mess. Data from the National Association of Realtors shows that between May 2021 and May 2022, existing home prices soared nearly 15%. Since March 2020, they’re up 37%. Rent prices are skyrocketing too. RedFin reported that median asking rent rose 15% from May 2021 to May 2022 to reach a record $2,002.  In the background, economic forces are making things worse. Over the last couple months, interest rates and…