Weekly Market Observations - July 4, 2023
Tuesday, July 04
Here’s Our Weekly Market Observations : Pending home sales fell 2.7% in May from April and 22.2% YOY The South region counts for over half of all US multifamily construction Dallas bans short-term rentals in single-family neighborhoods Mortgage rates trending back up after falling for three weeks...
Weekly Market Observations — June 28,2023
Wednesday, June 28
Here’s Our Weekly Market Observations : May had the lowest number of home sales in over a decade Home prices continue to rise as buyers outnumber sellers NAR reports May home sales up slightly from April, but down 20.4% YOY Report compares brokerage profitability, with eXp Realty topping the cha...
Is Real estate crashing?
Monday, June 26
Is the single-family real estate market going to crash? Crash chatter has been going on for years (and it’s getting louder), but is it an emotional reaction or based on market data? The real estate market couldn’t sustain the same level of growth it experienced during the pandemic. With mortgage...
Weekly Market Observations — June 20, 2023
Tuesday, June 20
Here’s Our Weekly Market Observations : Inflation slowed for the 11th consecutive month with CPI at 4% in May The Fed holds interest rates, but hints more increases are likely Multifamily leasing starting to rebuild momentum as rent growth cools Offerpad executes a 1-for-15 reverse stock split t...
Weekly Market Observations - June 15,2023
Thursday, June 15
Here’s Our Weekly Market Observations : Low housing inventory keep home prices stable despite higher mortgage ratesUnemployment rises to 3.7% in May due to a sharp loss of self-employment jobsStudent housing rent growth exceeds double digits in over 30 campuseseXp Realty’s parent company eXp Worl...
WOW 😮 Over 21 Offers!
Tuesday, June 13
Just, WOW! Align to the left Align in the middle Resize to full width Align to the right Add a link to the embedded image Add alt text Delete image ✅ 45 showings ✅ Countless open house attendees ✅ 21+ offers, many cash ✅ Contracted over list The real estate market may have slowed down ...