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
WOW! Here’s an eye-opening report for you. We’re seeing massive changes in the US housing market given the fact that mortgage rates have more than doubled over the past year. For example, the share of reduced priced listings has doubled over the past 5 months and we’re seeing huge gains in the number of houses
According to Redfin, the housing market is continuing to slow down given the fact that average mortgage rates are around a 20yr high which is causing a huge housing affordability issue. In today’s housing market update, I share the latest early indicators of homebuying demand which gives us some indication of future real estate market
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
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
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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
Tune in to Jeremy, lending manager, and Mike, realtor, as they discuss Utah’s current real estate market. Learn how much are homes selling for, what buyers can expect, and how to view current interest rates. Contacts us: http://KasbyRealEstate.com About Us With more than 40 years of combined real estate experience in Utah, we know that
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
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
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 Home Builders Association of Greater Austin explains why escalation and termination clauses are being used more. STORY: https://www.kvue.com/article/news/investigations/defenders/austin-homes-houses-market-new-build/269-45644279-a735-4c4a-959d-2b2d4c272e90 Subscribe to our channel: https://www.youtube.com/c/kvuetv?sub_confirmation=1 KVUE is Austin’s ABC affiliate station and has been delivering local news for Central Texans since 1971. Today it is owned by TEGNA, Inc., which reaches approximately one-third of all television
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
Willy Walker, chairman and CEO of Walker and Dunlop, joins ‘Squawk on the Street’ to discuss rent increases associated with inflation, the consequence of banks pulling back loans from commercial real estate, and the supply and demand challenges seen in the housing market. For access to live and exclusive video from CNBC subscribe to CNBC
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
New home prices are FALLING fast as builders sell to private landlords and institutional real estate buyers. Travis of @Real Estate Mindset and our Broker, @Todd Sachs talk about implications of struggling new home builders, and the new home buyers of the last several years. New Homes are being liquidated and the concerns of many
Recap of Video: ✅ Interest Rates have 🚀 skyrocketed! It’s become a bloodbath. ✅ We go over your weekly Massachusetts Single Family 🏠, Condo Real Estate Market numbers. ✅ Mortgage applications increased❓ What? ✅ Looking at a new Luxury Home listed in Manchester. It’s on its own 🏝️ peninsula and on 4.4 acres! ➡️ Single
We’ve seen a drastic shift in the real estate market in just the last few weeks Not too long ago, there would be 10, 20, or 30 offers on a home bidding the price up $100,000+ Fast forward to the current market: we have a lot of sellers in a panic trying to time the
NEW REPORT! Is this the calm before the storm as mortgage interest rates are now averaging over 7%? Realtor.com released their weekly housing market update today (10/13/22) and several remarkable trends have been occuring. For example, the share of reduced priced listings has doubled over the past 5 months. Additionally, inventory has risen over the
Worst Housing Market MELTDOWN In Human History with @Scott Walters Real Estate USA 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
Should I buy a house in Virginia 2022? So many people are asking the same question. The Northern Virginia housing market 2022 is currently a seller’s market. I’ve included tips for buying a house in a seller’s market for those who plan to buy a house in Northern Virginia in 2022. Some people have waited
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Home prices fell for the first time in 3 years last month, marking the sharpest decline since 2011. Real estate analyst Erin Sykes joins “CBS News Mornings” to discuss the latest. #news #realestate #housing CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone
What is a selling agent in real estate? What is difference between listing agent and selling agent? What is the difference between the selling agent and buyer’s agent? To conduct a real estate transaction, there must be real estate agent representation of the party’s involved. The buyer’s agent represents the real estate buyer and a
CNBC’s Diana Olick joins ‘Squawk on the Street’ to report on higher housing rates and the impact they’re likely to have on the housing market. 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
NEW REPORT! Is this the calm before the storm as rates over 6% haven’t been reflected in home sold prices yet? Realtor.com released their weekly housing market update today (10/6/22) and several remarkable trends have been occuring. For example, inventory growth has been stagnating over the past few months which is likely due to fewer
Jim McDonald, Northern Trust Asset Management Chief Investment Strategist & Kristina Hooper, Invesco Chief Global Market Strategist talk about the risk of a housing downturn and where to invest for the future. ——– Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Connect with us on… Twitter: https://twitter.com/business Facebook:
The Corcoran Group president and CEO Pamela Liebman says ‘something’s got to give’ in the current housing market. #FOXBusiness 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 all platforms that impact both Main
Mortgage demand for home purchases has now fallen 10 out of the last 13 weeks according to the data from the Mortgage Bankers Association (MBA). This is likely due to a fallout in demand from spiking mortgage rates and the resulting affordability pressures. The average monthly mortgage payment has increased from one year ago by
Mortgage interest rates have spiked to nearly 7% and this is causing home buyers as well as home sellers to back off. According to Redfin, due to mortgage rates surging “the typical homebuyer’s monthly mortgage payment has climbed $337 (15%) over the past six weeks.” Meanwhile, pending home sales dipped to the lowest levels since
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