Are Signed Contracts on Existing Homes Set to Rebound This Year?Pending Home Sales fell 4% from October to November, marking the sixth straight monthly decline. Sales were also 37.8% lower than they were in November of last year. This is a critical report...
***NEWS UPDATE ***** The FHFA announced today the conforming loan limits for 2023. This will be for Fannie MAE & Freddie MAC. One-unit properties values have increased by $79K to a loan limit of $726,200. This will be the base conforming loan limit. ...
Good morning Real Estate Professionals, I wanted to update you on the near future and why we feel this way. Recent economic data, like Retail Sales has shown consumers are remaining resilient in this higher inflation environment. Is this TRUE or an illusion?...
Good morning Real Estate Professionals. With inflation stalling we are hearing the FED discuss a 50bp hike Dec 14th and then maybe a 25 or 50BP on Feb 1st, 2023. With the goal to get inflation to 2%, the FED will need to...
October brought cooler than expected consumer inflation, which gave a big boost to both Stocks and Bonds when the data was reported on Thursday. Meanwhile Jobless Claims continue to tick higher. Read on for these key headlines and more. -Consumer Inflation Cooler Than...