Sellers on the US Housing Market are cutting the price once again in 2023, with new data from Realtor.com showing that the Median List Price dropped in July. Access real estate data on Reventure App for free: https://www.beta.reventure.app/dashboard This drop in list price is likely the first of many price cuts to come for homebuyers
Selling Real Estate
The housing market isn’t looking good. To make matters worse, average 30 year fixed mortgage rates surged to the highest levels in over 20 years according to Freddie Mac. Mortgage interest rates haven’t been this high since April 2002! Also, the average daily rate per the Mortgage News Daily increased to 7.37%, matching late-October 2022
BIG NEWS for the US housing market! Homebuying demand just fell off a cliff, dropping to the lowest pre-COVID levels since May 1995 (a 28yr low excluding late-February 2023 when looking at the MBA’s purchase index which is a measure of the amount of purchase loan applications in the US – link below). Additionally, average
Pull comps, estimate profits, and apply for a personalized loan for FREE with Backflip: https://backflip.mobi/bp Zillow just released a major home price forecast that changes what most Americans thought would happen in 2023. Since even before the new year began, economists and housing market experts predicted home prices to correct throughout 2023, ending with a
Mortgage Rates EXPLODE to New High | Housing Market Update 0:00 – Intro 4:00 – Market Update 15:30 – Video 1 Dallas Form Fed 29:00 – Video 2 Rate Cuts
Mortgage Rates SURGING | Housing Market Update 0:00 – Intro 2:00 – Market Update 17:30 – Video 1 Consumer Spending 23:10 – Credit Cards and Affordability Chart 32:00 – Video 2 Housing Market Rundown 40:00 – MLS Access 1. https://finance.yahoo.com/news/us-housing-market-hits-record-010954533.html 2. https://www.marketwatch.com/investing/bond/tmubmusd10y?countrycode=bx 3. https://www.cnbc.com/video/2023/08/11/the-feds-insistent-rate-strategy-aims-to-curb-consumer-spending-says-cic-wealths-malcolm-ethridge.html?__source=linkedin*newsmod*HP*video*&par=linkedin 4. https://www.lendingtree.com/credit-cards/credit-card-debt-statistics/ 5. https://mint.intuit.com/tools/home-affordability-calculator/ 6. https://finance.yahoo.com/news/us-housing-market-hits-record-010954533.html 7. https://www.cnn.com/2023/08/10/economy/credit-card-car-loan-pay-failure-pre-covid/index.html
Real estate investing is no longer near as profitable in this housing market today, as it once was, leading many investors to bail and sell their properties. But this can have some unintended consequences on the broader housing market. Need a Realtor? https://homeandmoney.com/michael/ ====== Like My Sunglasses? Get a Pair https://s.click.aliexpress.com/e/_DlJ2yUv ====== I offer 1
#housingmarket #housingcrash #economy ************ Housing Market Maps & Data ************ Snapforce Real Estate Insights, obtain full access to the maps and charts I use in my housing market videos: https://www.snapforce.com/real-estate-insights/ ************ Real Estate & Property Management CRM ************ Snapforce CRM, try risk free for your property management, lending/mortgage company, or for individual realtors: https://www.snapforce.com/crm-software/ ************
Houston, San Antonio, Austin and Dallas Texas. Are the local areas I study the most. For correspondence, please email me at: Travis@RealEstateMindset.Org Helpful Links: 1. How Much Interest Really Cost Calculator https://www.consumerfinance.gov/owning-a-home/explore-rates/ 2. How Much Can You Afford Calculator https://www.calculator.net/house-affordability-calculator.html 3. Debt to Income Ratio Calculator https://www.calculator.net/debt-ratio-calculator.html 4. Amortization Calculator https://www.calculator.net/amortization-calculator.html Data Source: #1 https://www.netsuite.com/portal/resource/articles/erp/law-of-supply-demand.shtml
One of the world’s most successful and respected real estate investors is sounding alarm bells of the hurricane brewing in the real estate market. Barry Sternlicht is a billionaire and the co-founder, Chairman, and CEO of Starwood Capital Group, an investment fund with over $120 billion in assets under management. Starwood is one of the
The Bay Area’s housing market is experiencing one of the steepest price drops in the country. A new analysis from “Smart Asset” shows that 13 Bay Area cities were among a list of the top cities in the U.S. where home prices are declining. KTVU’s Claudine Wong speaks with Oakland real estate agent Deidre Joyner
What a wild housing market we have in the United States right now! For the past 6 weeks, there have been fewer homes for sale nationwide compared to a year ago, which is drastically different from the 50-60% year-over-year gains from December 2022 through March 2023. This decrease in housing inventory is mainly due to
Unhappy, disgusted, and plain depressing. Those are just a few adjectives one can use to describe what is arguably the most challenging housing market in decades. From California to New York and everywhere in between, the American Dream is dying in front of our eyes. The housing market, a once stable entity has turned into
Why isn’t main stream media reporting the housing market as published by the Federal Reserve? Data signals disaster is brewing. #housingmarketupdate #realestatenews #mortgagerates Todd Sachs is a Maryland Real Estate Broker and not a Lender, CPA, Attorney, or Financial Advisor. Any information provided in this and any of Sachs Realty’s videos and/or descriptions are for
HOME PRICES FALL Houston, San Antonio, Austin and Dallas Texas. Are the local areas I study the most. For correspondence, please email me at: Travis@RealEstateMindset.Org Helpful Links: 1. How Much Interest Really Cost Calculator https://www.consumerfinance.gov/owning-a-home/explore-rates/ 2. How Much How Can You Afford Calculator https://www.calculator.net/house-affordability-calculator.html 3. Debt to Income Ratio Calculator https://www.calculator.net/debt-ratio-calculator.html 4. Amortization Calculator https://www.calculator.net/amortization-calculator.html
Fort Collins Real Estate Market Update August 2023 | Join us live on August 1st at 3 PM MST! We will discuss: ✅The Median Sales Price of Homes💰💰 ✅Inventory Levels 🏡🏠 ✅Interest Rates 📈📉 ✅Boots on the ground analysis📢💬 ✅Other important Market Moving Information🚗🚨
The Bay Area housing market is always a topic of interest, and for good reason! What does the future hold for the Bay Area housing market? If you’re thinking of buying or selling a home in the Bay Area soon, then you’ll want to watch this update. We take a look at recent trends in
If you are looking to buy or sell real estate in the Destin Florida, 30A Florida, Santa Rosa Beach Florida and surrounding areas, this video is for you! Take a look at the “Hot Sheet” showing what is going on with our real estate market in real time. Join us for your weekly Destin Florida
Redfin: “Inventory posted its biggest decline in 18 months as homeowners cling to relatively low mortgage rates.“ Housing affordability remains at near record lows and average 30 year mortgage rates just surged to over 7% again. Meanwhile home prices haven’t fallen yet because there’s still an anemic supply of existing houses for sale. For example,
What a strange housing market we have in the United States right now! For the past 5 weeks, there have been fewer homes for sale nationwide compared to a year ago, which is drastically different from the 50-60% year-over-year gains from December 2022 through March 2023. This decrease in housing inventory is mainly due to
How to Buy and Underwrite in Today’s Crazy Market and Navigate These Challenging Times? One of our most popular guests (Alix Kogan) returns to the LIVE to discuss the current State of Multifamily, Student Housing and Commercial Real Estate in general. TIMESTAMPS 0:00 – Intro 1:42 – Current Lay of the Land in Multifamily. 3:04
Senior Transitions With Private Money | Phillip Vincent & Jay Conner Phillip Vincent is the Co-Founder of Mom’s House. As a St. Louis native, Phillip’s passion is Cardinals baseball and Blues hockey. When he’s not watching sports or with his family, he’s helping other families solve big problems by buying houses. While he started as
The Florida housing market has shown to be resilient but if these 7 events happen, it surely will crash the Florida Housing Market. If you are looking to move to Florida or purchase a home in Florida, watch this video so you are in the know of what challenges the Florida real estate market may
Now that mortgage rates have been sustained at or near 7% for quite some time it is start to affect the American economy down to its bedrock. People are now starting to delay selling their homes and big life decisions, of fear that its too expensive to buy a new house after selling. This not
The Housing Market hasn’t crashed yet in 2023. With home prices only down slightly according to the National Association of Realtors. Concerningly, the current trends in the market suggest we could be seeing a repeat of the beginning of the 2008 downturn playing out. REVENTURE APP: https://www.beta.reventure.app/dashboard Some homebuyers and real estate investors are interpreting
CGTN’s Phillip Yin takes a deep dive into the U.S. housing industry with Ken H. Johnson, a Real Estate Economist at Florida Atlantic University. #biz #bizshow #globalbusiness #ushousing #realestate Watch CGTN LIVE on your computer, tablet or mobile https://cgtnamerica.vhx.tv/videos/hd-live-broadcasts Subscribe to CGTN America on YouTube Follow CGTN America: Twitter: @cgtnamerica Facebook: @cgtnamerica Instagram: @cgtnamerica TikTok:
#nagarajannaiah #techrealtor #siliconvalleyrealtor Script Intro: Welcome to today’s episode where we delve into the intriguing world of real estate, comparing the US market to the bustling Silicon Valley. Join us as we explore the latest trends, economic indicators, and market dynamics shaping these two influential regions. In this comprehensive analysis, we’ll cover everything from home
Buying and selling South Florida Subscribe to WPBF on YouTube now for more: http://bit.ly/1qfxvbX Get more West Palm Beach news: http://www.wpbf.com Like us: http://www.facebook.com/wpbf25news Follow us: http://twitter.com/WPBF25News Instagram: https://www.instagram.com/wpbf25news/
Those doing research on the best markets for real estate investing may be surprised to find out that Cleveland, Ohio is one of the best real estate markets for investing in 2022. The reason Cleveland is such a popular US real estate market in 2022 is because Cleveland is one of the few housing markets
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