BIG changes are coming to the US real estate market. As mortgage rates have been hovering around a one month high, we’re also not seeing a seasonal uptick in new listings or housing inventory levels. Additionally, new listings have decreased by double digits for 35 out of the last 38 weeks on a year-over-year basis.
Selling Real Estate
Despite the fact that the median sold price in the U.S. has fallen by 3% from one year ago, the average monthly housing payment for homebuyers just hit a new record high. In today’s video, I explain why and I also provide a housing market update for pending home sales, home prices, inventory (per AltosResearch.com)
REDFIN: STAFF LAID OFF | Blindsided by Housing Market LIES Houston, San Antonio, Austin and Dallas Texas. Email my team and I for any questions and let us know how we can help! TravisAndGrace.etr@gmail.com Are we in a housing bubble? Will real-estate crash? Is there a housing crisis? How do credit reports work? What are
STOP! 5 Charts Explaining The Housing Market | Market Crisis 0:00 – Intro 9:46 – Video Renters 17:00 – 5 Charts 30:36 – State Maps Data: #1 https://cw39.com/news/money/the-u-s-housing-market-explained-in-5-charts/amp/?fbclid=IwAR1M3hrebPe_uQZlODHEMBj91E7W1srLURTp5As3T3HuFbqiUPgujM9Ofyc #2 https://fortune.com/2023/04/18/housing-market-gets-weird-real-estate-home-prices-charts-new-york-texas-california/?fbclid=IwAR3kgbRcGUKvmMzrvNgRUyNSxVwKhIU4ErwvK_3VehVfErpPMUq_-JN-pg4
Skip the waitlist and invest in blue-chip art for the very first time by signing up for Masterworks: http://mw-art.co/michaelbordenaro Home buyers are saying NO! They reached their limit in terms of pricing of homes, where mortgage interest rates are and how that affects their monthly payments and budgets. So now many of them are saying
#housingmarket #realestate #realestatecrash Follow me on twitter for more real time updates: https://twitter.com/realRJTalks The real estate market is going through a massive correction right now, and the pain real estate investors and homeowners feel is about to get much worse. That’s according to JP Morgan’s new report on the state of shadow vacancy in the
My Twitter Tweets by LorenzoBatarilo Graphs Used In The Video including RedFin Charts View post on imgur.com With buyers growing increasingly frustrated and tired of market realities, there are growing fears that the housing market may be reaching a breaking point. From February 2020 to April 2023, we have witnessed the median housing payment for
Patrick Carroll, Carroll Founder and CEO , joins ‘Squawk on the Street’ to discuss signs of weakness in the housing market, the commercial real estate crisis, and the repurposing office buildings as more people work remotely. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV:
The huge decline of new listings is becoming a bigger and bigger issue as homeowners are reluctant to give up their low rates. In addition, we’re still seeing fewer contracts being signed between buyers and sellers this year compared to the past couple of years. This is causing inventory to decline lately which is causing
Las Vegas Homes For Sale – Prepare For This… Currently, there is a tug of war happening in the overall real estate market between buyers and sellers. This is especially evident regarding many Las Vegas homes for sale. Higher mortgage rates are decreasing buyer demand but also is preventing sellers from selling into higher rates.
This is big… As mortgage rates have been on a downward trend for nearly 2 months, we’re still not seeing a seasonal uptick in new listings or housing inventory on a national level. For example, new listings have decreased by double digits for 35 out of the last 37 weeks on a year-over-year basis. In
Breaking News: Blackstone Plans For Real Estate Housing Market Crash 2023. The real estate crash will be big and large REIT investment funds like blackrock and blackstone know it so they are pooling money together to buy homes as the housing market crumbles. As mortgage rates climb it puts more pressure on home buyers and
Mortgage credit availability (i.e. the difficulty in getting a mortgage) in the US rose slightly in March but it’s still near the lowest levels since 2013. The lower the availability the more tight lending standards are. Despite the modest rise in March overall, credit availability decreased for government loans such as FHA (often used by
This may well end up being the biggest Fed policy mistake in several decades. Housing Affordability is at the lowest level in a decade as a major recession indicator just flashed its loudest warning ever as Fed Chair Powell signals higher interest rates suggesting a hard landing could be coming. Will House Prices Crash or
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