New Home Sales Plunge In April

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https://finance.yahoo.com/news/new-home-sales-plunge-cooling-housing-market-154050122.html

“While new construction gained favor with many would-be buyers over the past two years due to the extreme shortage of existing homes for sale, the rising cost of a new home is now pricing many people out of the market,” George Ratiu, senior economist and manager of economic research at Realtor.com, said in a statement."

The people who took advantage of the low refinance rates are the winners.

It'll be slow but I'm gonna make sure this crash is profitable.

 

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