Florida Housing Market Update & Mortgage Interest Rates Today – 8.1.22



#marketupdate #realestate #housingmarket
πŸ“šMY BIOLINK:

Thanks for checking out this week’s Southwest Florida housing market update video. I’m Rick Harrison your Fort Myers Realtor and in this weeks housing market update we’ll cover the local real estate market trends, the mortgage rates today, and what the FED, inflation, and stocks are telling us about w. the economy is headed in 2022.

In this week’s stories I’ll touch on how you can tell when and w. mortgage rates will be going with a stock ticker, why foreclosures take so long to come to market, and some surprising data about the slowdown in real estate across the country. That’s all in today’s “Headline Highlights” segment.

❓HAVE QUESTIONS ❓
Contact Me – Your Fort Myers Real Estate Agent
πŸ™‹β€β™‚οΈ Rick Harrison
πŸ›οΈ MVP Realty
πŸ“² (239) 310-5478
πŸ“© Rick.swflrelocationteam.com
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πŸ‘‡ SOURCES πŸ‘‡
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Thanks for Subscribing & Liking our Video! Rick Harrison is a Fort Myers real estate agent, best-selling author, podcast host, and entrepreneur. He specializes in New Construction, Single Family homes, and Condos in Fort Myers and South Cape Coral, Florida. He is the author of best-seller, “List It Like A Pro: How To Sell Your House For More Money In Less Than 30 Days” and the Host of The Real Authorities Show on all major podcast platforms.

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DISCLAIMER:
The suggestions, advice, and/or opinions that are given by Rick Harrison (The SWFL Relocation Team, MVP Realty, and The Real Authorities Show) are simply opinions. T. are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate transaction. Listeners, guests, and attendees are to hold Rick Harrison, The SWFL Relocation Team, MVP Realty, The Real Authorities Show, and Let’s Talk SW Florida Real Estate brands harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by Rick Harrison as a perspective based upon experience.
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CHAPTERS
00:00 – Introduction
01:24 – Southern SWFL Data
04:04 – Northern SWFL Data
06:12 – Interest Rates
07:24 – Buyers Canceling Contracts
10:48 – Buyers Demand Follows Mortgage Rates
12:17 – Rents Ease With Office Returns
14:12 – Burry Calls Out Biden & Fed
17:04 – Dramatic Increase In Foreclosures
20:19 – Outro

source

Florida real estate forecast