{"id":4451,"date":"2023-09-20T06:52:26","date_gmt":"2023-09-20T04:52:26","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=4451"},"modified":"2023-09-20T06:52:26","modified_gmt":"2023-09-20T04:52:26","slug":"us-real-estate-market-collapsed-45-for-the-year","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=4451","title":{"rendered":"US real estate market collapsed 45% for the year"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">The rise in the cost of mortgage loans has led to a massive buyer exodus from the US real estate market.<\/p>\n<p>Overall, investors bought 45% less real estate at the end of Q2 2023 compared to a year earlier, according to the brokerage company Redfin.<\/p>\n<p>That\u2019s the biggest decline since 2008 with the exception of the quarter before, when they dropped 48%.<\/p>\n<p>Why is there no crisis now, unlike in 2008? The secret is simple &#8211; nobody talks about it.<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The rise in the cost of mortgage loans has led to a massive buyer exodus from the US real estate market. Overall, investors bought 45% less real estate at the end of Q2 2023 compared to a year earlier, according to the brokerage company Redfin. That\u2019s the biggest decline since 2008 with the exception of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-4451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4451"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/4452"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}