Realtor.com Revises 2022 Housing Forecast Amid Rising Inflation, Mortgage Rates

Rising inflation and mortgage rates are causing a notable shift in the housing market. As a result, real estate listings website realtor.com is revisiting its 2022 housing forecast issued in December to make some adjustments. While the updated forecast shows mortgage rates and home prices are not expected to drop, it's not all bad news for those looking to buy or sell a home. Danielle Hale, Chief Economist at realtor.com, joins Cheddar News' Closing Bell to discuss.
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