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Macro Finance

'Shadow Homebuyers' Wait on Affordability Improvement

Bloomberg Markets·August 31, 2026·1 min read

Bright MLS Chief Economist Lisa Sturtevant says 'shadow homebuyers' are waiting for affordability to improve, holding off on purchases until mortgage rates drop. The real estate market remains constrained by high rates and affordability pains, delaying potential buyers from entering the market.

Read at Bloomberg Markets
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