Realtor · Los Angeles, CA · Member since 2022 · 5 posts · 1 vote
Statistically, I have seen a slight change in the Orange County market. I'm curious, for agents and investors, what, if any, statistical changes have you seen in the markets that you work in or invest in?
Statistically, I have seen a slight change in the Orange County market. I'm curious, for agents and investors, what, if any, statistical changes have you seen in the markets that you work in or invest in?
New home sales are down for the 5th month in a row. The stock market is down 2,200 points in the last 10 days, there was a negative -1.4 growth for last quarter, recession is pending, ships are stalled in China because they have locked down the city and can't load, the auto industry can't get computer chips to finish cars, mortgage rates are up, fertilizer isn't shipping and this is the planting season so there are going to be food shortages, Wells Fargo laid off 550 mortgage lenders which means lending is tightening, Deutche Bank is being investigated for money laundering and food processing plants are mysteriously catching fire.