Weekly Market Observations - December 4, 2024
Wednesday, December 04
Here’s Our Weekly Market Observations : Pending home sales increased 2% in October and 5.4% YOYNew home sales decreased by 17.3% in October but increased 2.1% YOYAverage 30-year fixed mortgage up again to 6.81%
Avoiding a Life-Changing Mistake
Monday, December 02
Have you ever felt like giving up on something you really wanted? I almost made that mistake on my first real estate deal. It was the last house on my list, and I almost skipped it. After three months of door-knocking with nothing to show, I was exhausted. But out of discipline, I walked up to t...
Weekly Market Observations - November 27, 2024
Wednesday, November 27
Here’s Our Weekly Market Observations : Existing single-family home sales are up 3.4% in October and 2.9% YOYHome sales prices increased 4% YOY to $407,200Housing inventory increased from 3.6 months to 4.2 months YOYAverage 30-year fixed mortgage remains flat at 6.78%
Weekly Market Observations - November 20, 2024
Wednesday, November 20
Here’s Our Weekly Market Observations : The Fed cut interest rates by 0.25%Consumer prices up 0.2% in October and 2.6% YOYWholesale prices up 0.2% in October and 2.4% YOYAverage 30-year fixed mortgage remains flat at 6.78%
Weekly Market Observations - November 13, 2024
Wednesday, November 13
Here’s Our Weekly Market Observations : The Fed cut interest rates by 0.25%Strong demand for Multifamily in Q3 despite record supply deliveriesForecast for multifamily demand in 2025 remains strong with modest rent growth expectedAverage 30-year fixed mortgage increased again to 6.79%
Weekly Market Observations - November 5, 2024
Tuesday, November 05
Here’s Our Weekly Market Observations : Pending single-family home sales increased 7.4% MOM in September and 2.6% YOYAll four US regions saw an increase in pending home sales, with the West on top at 9.8%.Average 30-year fixed mortgage increased again to 6.72%