Sanctions On Russia Backfire: Europe Turns To Coal, Exploits Fossil Reserves Of Developing Nations

Sanctions On Russia Backfire: Europe Turns To Coal, Exploits Fossil Reserves Of Developing Nations

Is the West’s pandemic housing high over? This Utah housing market just saw the nation’s largest share of price cuts As the U.S. housing market is showing big signs of cooling — from mortgage lender layoffs to several consecutive months of dropping sales — it’s hitting home in Utah in a big way. The tables are starting to turn. Motivated sellers are beginning to temper their expectations that buyers will pay just about anything to lock in a home. Almost half of all home sellers in Provo — Utah County’s largest city located about 45 miles south of Salt Lake City — dropped their asking prices in May as mortgage rates climbed well above 5%. Higher borrowing rates, combined with the historically high home prices, have priced out over 70% …
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