Federal Reserve Bank Harker is a blithering idiot if he believes anything he says here—the FED is the culprit by holding to its ZIRP/QE policy for longer then necessary.Nobody with a 3% mortage can sell their home and wreplace it with a 8% mortgage which keeps homes off the market and builders are offering incentives that present homeowners cannot offer in attempt to sell their owns resulting in a sellers strike—once present new home inventory is gone let’s see what happens—but it all falls on the Fed’s failed policies

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