The housing market is in BIG trouble… Pending home sales (i.e. signed contracts between a homebuyer and seller) dipped to the lowest levels since June 2010 (excluding April 2020 when we had stay at home orders across much of the nation). Also, on a year over year basis, pendings dipped by 31% in September. This
Selling Real Estate
Glenn Kelman, CEO of Redfin, joins Shep Smith to discuss navigating the housing market as interest rates hit their highest level in more than two decades, and mortgage applications drop to a 25-year low. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to
NEW Report! Home prices have now fallen by 6.6% in the last 4 months alone. During the same time period in 2019 (pre-COVID), the median sold price only declined by 2.2%. Also, pending home sales have fallen by a whopping 35% on a year over year basis. According to Redfin, this represents the largest year-over-year
For the first time in 6 months, Zillow didn’t downgrade their previous 12 month housing market forecast and real estate market predictions. In today’s video, I share their new real estate market forecast through September 2023 for home prices and home sales. They also provide some information about challenges that lay ahead that could alter
Home Price Declines will hit another gear in November and December. That’s because Homebuyer Demand in the US Housing Market just crashed to its lowest level since 2008. Data from the National Association of Realtors shows that Existing Home Sales have fallen to 4.7 Million in September. While data from the Mortgage Banks Association shows
Housing Market FORECAST 2023 for Housing Supply, HOME PRICES, MORTGAGE RATES, Rental Rates, and Real Estate MARKET CONDITIONS. 📘 Download the FREE Home Buying Process Infographic ➡️ https://www.hometribeteam.com/homebuyingprocessinfographic 🔍 Get Connected with a TOP Real Estate Agent Near You 🔍 ➡️ https://homeandmoney.com/andrew/ —- Or, if you’re planning on buying or selling your home in the
CNBC’s Steve Liesman and Diana Olick join ‘The Exchange’ to discuss how housing markets factors into inflation as well as the supply and demand trends for rentals. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the
JUST IN! Is this the calm before the storm as 30yr fixed mortgage interest rates are now averaging 7.4%? Realtor.com released their weekly housing market update today (10/20/22) and several remarkable trends have been occurring. For example, the share of reduced priced listings has doubled over the past 5 months. Additionally, inventory has risen over
The Peebles Corporation chairman and CEO assesses the housing market and shares his expectations for the November midterms on ‘Maria Bartiromo’s Wall Street.’ #FOXBusiness #Fox Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across
CNBC’s Rick Santelli reports on September housing starts, permits, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the
Home Builders are rushing to sell Homes before 2023 with BIG PRICE CUTS. Particularly in Housing Markets across Texas, Utah, and North Carolina. In those States New Construction Homes account for over 40% of the Inventory on the Market. Meaning that Home Builders (esp Lennar and DR Horton) have a lot of Pricing Power to
A NEW California housing market forecast was just published and they are predicting for home prices to decline next year and for home sales to plunge thanks to a giant spike in mortgage interest rates which is hampering housing affordability for the California real estate market. This is new housing market predictions from the California
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