Comment on The US housing market is crashing and soaring at the same time. It all depends on where you live.

The US housing market is crashing and soaring at the same time. It all depends on where you live.

Mortgage rates could fall as low as 5% this year but may not be enough to significantly boost home sales.Thomas Northcut/Getty ImagesThe US housing market is crashing and soaring all at the same time as pockets of the market see divergent trends.Home prices on the West Coast have plunged as much as 10%, while homes in the East have surged.The home price trends have been driven by mortgage rates, little supply, and broader economic trends.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News