CNBC's Diana Olick reports existing home sales. source
Tag Archives: real estate
A lot of people have been asking me what I think is going to happen, and if the housing market crash will be canceled due to the recent bank collapses. This video is my take on the whole situation, on who may want to consider buying during this economic meltdown, and who should not. Need […]
Demand for mortgages increased for the second straight week, despite some volatility in mortgage rates. Total application volume rose 6.5% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. related investing news The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) […]
Construction workers work on a home, as a subdivision of home is built in San Marcos, California, January 31, 2023. Mike Blake | Reuters Mortgage rates are high and volatile, homes are still pricey, and inflation is not in check, but, even so, the nation’s homebuilders are starting to feel better about their business. A […]
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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 Stabilize along with inflation moderating? Will we see the pivot the FED Pivot in […]
A residential neighborhood in Austin, Texas, on Sunday, May 22, 2022. Jordan Vonderhaar | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage dropped to 6.57% on Monday, according to Mortgage News Daily. That’s down from a rate of 6.76% on Friday and a recent high of 7.05% last Wednesday. Mortgage […]
It’s a bumpy road ahead for the US housing market as mortgage rates have surged over the past month (from around 6% for an average 30yr fixed to 7%). On top of that, t.’s more than 60% more homes for sale now compared to a year earlier. In today’s video, I share my own analysis […]
Homes at Rivo Alto Island in Miami Beach, Florida, US, on Wednesday, Feb. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images The U.S. housing market is taking a hard hit from higher mortgage rates, and luxury home sales are seeing the worst of it. Sales of luxury homes dropped 45% during the three […]
The Orlando Housing market is challenging in so many ways right now. I have a warning for you if you are looking to buy or sell right now. Also in this video are the top 6 Metro areas for home prices holding their value. Call or text us: Kathy 407-230-7305 or Savanna 407-989-8681 DOWNLOAD OUR […]