UBS U.S. homebuilders and setting up products and solutions analyst John Lovallo discusses no matter if housing has entered a recession right after household search exercise on Google plunged in November on ‘Varney & Co.’ El Paso, Texas, and Detroit may perhaps be the most economical markets to go to in 2023, but that will not make them the very best investment decision, in accordance to Redfin main economist Daryl Fairweather.  Uncertainty surrounding the economy — coupled with large home finance loan premiums, which are nonetheless hovering above 6{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} — has pushed a lot of would-be homebuyers out of the industry. Redfin details demonstrates that property gross sales in November…