Low housing inventory a win for homebuilders
If national housing inventory were back to normal, we would have 2 to 2.5 million active listings of direct competition for homebuilders.
If national housing inventory were back to normal, we would have 2 to 2.5 million active listings of direct competition for homebuilders.
To understand why we had such a beat in sales, you only need to go back to Nov. 9, when mortgage rates started to fall from 7.37% to 5.99%.
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Mortgage rates fell last week after the failure of Silicon Valley Bank spooked bond traders worried about contagion.
Housing market once again braces for higher mortgage ratesâwhere 8 experts see rates going this year Fortune
The housing market was savagely unhealthy last year and now we are back to a more normal level of over 30 days on the market.
A recent article released by the Federal Reserve Bank of Dallas suggests that a housing bubble may be brewing. On todayâs State of the Market podcast, Aaron Amuchastegui analyzes this article and several others that point to a growing divergence between price appreciation and real estate market fundamentals. Aaron also discusses an increase in foreclosure activity and why heâs still investing in real estate. ð¨ð¨Register for the Real Estate Rockstars Mastermind in May!ð¨ð¨
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Once the housing completion data looks better, the growth rate of rent â which is the biggest driver of core CPI â can cool down.
Hello! Today’s post is from Alaya and what she learned from experiencing a short sale. Alaya is the blogger behind Hope+Cents. After dumping her own debt, she has become passionate about helping others do the same and shares tips, encouragement, and hope for those looking to take control of their finances. Over nine million Americans lost […]
The post 7 Lessons I Learned From My Short Sale appeared first on Making Sense Of Cents.
Two new reports put to bed the idea that weâre in another housing bubble or due for another housing crash, though there are some mounting concerns, as there have been for some time. The Urban Institute went as far as to say that âsome cities might beâ in a bubble, but the overall U.S. housing… Read More »U.S. Housing Market Still Not in a Bubble, Despite What You May Think
The post U.S. Housing Market Still Not in a Bubble, Despite What You May Think appeared first on The Truth About Mortgage.