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Richie Sullivan
Fox Business
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Comments by "Richie Sullivan" (@Theodorebarba) on "Housing cannot be fixed in the country, CEO warns" video.
In the early 1990s, when I bought my first home in Miami, it was common for first mortgages to have rates between 8% and 10%. It's important to recognize that we may never see 3% rates again. If sellers are forced to sell, home prices might need to drop, resulting in lower valuations. I believe many people share this perspective.
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