Average mortgage interest rates just skyrocketed to nearly a SEVEN month high and homebuyers are pulling the plug. Contracts to buy existing houses in the U.S. fell 20.3% YOY in April 2023. That’s far worse than the 1.5% average YOY April INCREASE going back to 2010 (excluding April ‘20 and April ‘21 due to COVID
Selling Real Estate
Real estate broker Stefani Berkin answers viewer questions when it comes to buying and selling homes, including how much you might pay the realtors, what kind of credit score you need if you’re buying, wether you should sell your current home before buying a new one and more. » Subscribe to TODAY: http://on.today.com/SubscribeToTODAY » Watch
The U.S. housing market is about to flip! Housing affordability hit a new all-time record low as the average monthly housing payment of would-be homebuyers reached a new record high according to Redfin and the Mortgage Bankers’ Association (MBA) this week. To make matters worse, average daily rates for 30yr fixed mortgages surged to a
The housing market is about to flip! Mortgage rates have skyrocketed to over 7% while the median sold price has increased 10% since February this year. Home buyer demand has been decreasing and home owners are still reluctant to sell due to many holding onto extremely low mortgage interest rates. In today’s video, I share
When will the housing market crash crash? That is the question nearly every single buyer in the United States is asking following twelve quarters of absurd never-ending price growth. According to Redfin.com, the average homebuyer housing payment has increased by more than 90% since May 2020. Just three years ago a new buyer could expect
New housing market forecast just in! Fannie Mae’s housing market predictions: home sales of existing houses in the US will fall to a 13 year low (lowest levels since 2010). Their real estate market predictions are also calling for home prices to fall in 2023 and then fall further in 2024. In today’s video, I
The Housing Market Forecast Isn’t Looking Great as Home Prices Posted Largest Annual Drop in More Than 11 Years in April while U.S. existing home sales post second straight monthly decline. In addition we have Consumer debt passes $17 trillion for the first time despite slide in mortgage demand. When will the FED Pause Or
Worth a staggering $43 trillion and encompassing over 142 million housing units, the U.S. housing market is not just the biggest, but also the most crucial market in the world. But what if we told you that this mammoth market is teetering on the brink of disaster? With the potential to send shockwaves throughout the
Erin Sykes, chief economist at Nest Seekers International, discusses the state of the housing and mortgage market, and says a key metric to watch is how many days a property is listed.
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This builder is in deep trouble. They built a $4 Million House in Nashville that has been on the market for over a year and is NOT SELLING. That’s because there’s been a major collapse in the sale of luxury homes on the US Housing Market. Data from Redfin shows sales of million dollar properties
“A debt ceiling default would send the U.S. housing market back into a deep freeze.” In today’s video, I share a potential scenario of what would happen to the US housing market if the Federal government was unable to raise it’s debt ceiling and default on its debt for the first time in history. This
It happened… Zillow did it yet again! They upwardly revised their housing market forecast and real estate market predictions for 2023. In today’s video, I share their latest real estate market forecast for the US housing market. ➜➜➜ Get Connected To a GREAT Real Estate Agent: Jason Compilation of Housing Market Forecast videos: Report I
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