Unsustainable.

Selling Real Estate
Housing affordability hit a NEW all-time record LOW as the average monthly housing payment of would-be homebuyers reached a record high according to Redfin this week. To make matters worse, average daily rates for 30yr fixed mortgages surged last week to nearly a 7-month high (7.12% on 5/25/23 per the Mortgage News Daily) and home sold prices have been on the rise since February this year.

In today’s video, I provide an update on home prices, pending home sales, new listings and more! This is based on a brand new report from Redfin (link below).

Thank you for watching the video! I appreciate you. Please like and subscribe!

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Jason

Compilation of Housing Market Forecast videos:

Report I discussed:

Housing Market Update: Mortgage Rates Are Up, Home Sales Are Down, Prices Are Resilient

To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is around 6.9% for the current mortgage rates (at the time of filming this video for those with excellent credit).

Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your housing market predictions that the real estate market and home prices will continue to surge?

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Jason Walter, CPA (lic 103885)
Sacramento real estate agent and native
Realty ONE Group Complete (DRE 01923240)
jason@meetjasonwalter.com

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Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video – it is for entertainment purposes only.

This video description may contain affiliate links that allow you to easily find the items mentioned in my videos as well as support the channel at no cost to you. Thank you for your support! Jason Walter is a licensed real estate agent with Realty One Group Complete in California under DRE 01923240.

#Redfin #Zillow #housingmarket

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