The housing market has been odd to say the least this year as homeowners are opting to hold onto their ultra low mortgage rates leading to an abnormal dip of housing inventory this year. However, buyers are also sitting on the sidelines as pending home sales are still down by double-digits compared to one year
Selling Real Estate
Is the housing market going to crash in 2023? (real estate forecast). A strong warning for the US real estate market in 2023. We ask the question: is the real estate market going to crash in 2023? We shall examine again the price action on XHB, the Homebuilders Index. What is XHB likely telling us
The madness continues… The average monthly mortgage payment for homebuyers reached a new all-time record HIGH once again as home prices and average mortgage rates increased. However, we’re still seeing a drop in home buyer demand and new listings as pending home sales and new listings fell year over year in each of the 50
Based on a new report from the US Labor Department, the number of Americans filing new claims for unemployment benefits jumped to the highest levels since October 2021, pointing to bigger cracks in the labor market. The Producer Price Index or the PPI report was also released Thursday 5/11/23 which showed wholesale prices increased at
Get Our Help: https://nomadcapitalist.com/apply/ Join Our Email List and be the First to Hear about Breaking News and Exciting Offers https://nomadcapitalist.com/email Get on the waiting list and join us for the next Nomad Capitalist Live: www.nomadcapitalist.com/live/ US Real Estate Market Plunges by Almost Half while other markets offer you the best deals. In this video,
Not sustainable! The US housing market is showing signs of early-2022 as the average monthly housing payment for homebuyers reached a record high, housing affordability is the worst on record and despite the fact that average 30yr rates have been above 6%, home prices increased in the first quarter. What in the world is going
The US housing market has been very volatile this year with all the uncertainty, bank collapses, elevated mortgage rates, historically low inventory levels as well as a likely recession and job losses coming. In today’s video, I share my own analysis based on the latest real estate market data from Realtor.com and AltosResearch.com and the
I think there is new wave of FOMO hitting some home buyers today because we are hearing new stories of bidding wars, and multiple offer situations as the spring home buying season heats up. But does this mean there will be no housing crash? Need a Realtor? https://homeandmoney.com/michael/ ====== Like My Sunglasses? Get a Pair
The 2023 Housing Crash and Recession are here. But these 10 Cities won’t see Home Prices decline by much. That’s because they have a unique combination of: 1) Affordable Home Prices 2) Low Inventory 3) Historical Stability (they didn’t crash in 2008) Go to Reventure App to check out the data in this video for
The US government wants to ban foreclosures… Again? Amid record low housing inventory, the Biden Administration is extending COVID-19 loss mitigation options to ALL mortgage borrowers regardless of the cause of delinquency. That means FHA borrowers who fall behind on payments won’t face foreclosure for the next year and a half. And if you default?
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Follow Me On Twitter Tweets by LorenzoBatarilo DR Horton Earnings https://investor.drhorton.com/financial-information/financial-reports/current-quarterly-results Yardeni Research https://www.yardeni.com/pub/mortgageapprate.pdf Bill McBride Substack https://calculatedrisk.substack.com It’s the spring buying season, and in years past this was the perfect time to look for a dream home. But today for the 3rd year in a row that dream has turned into a nightmare. We
For the 4th consecutive month, Corelogic upwardly revised their 12 month housing market forecast and real estate predictions. However, they reported that home prices are down from one year ago in 10 states compared to March 2022 (it was only 8 states in their previous report). In today’s housing market forecast summary, I share all
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