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Week of December 26, 2022 in Review

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...
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NATIONAL UPDATE

Realtor.com reports active inventory continues to grow, up 30% from a year ago. This jump in supply gives today’s shoppers an extra home to consider for every three that were on the market this time last year.  More inventory is good for buyers. Home price growth may...
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Mortgage Market Update

Consumer inflation remained near a 40-year high and home purchase activity stayed strong in May. Home prices also continued to rise in April. And with first quarter GDP reported at -1.6%, May’s lower than expected Personal Spending report was especially significant. Here’s what...
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What does the Housing Market look like?

100-150 economist shed some light on their thoughts/forecast of the housing market.   The MBA released their mortgage data for last week showing purchases are down 21% year over year.  Also, rates are 2.25% higher than this time last year. Refi’s are down...
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Welcome to our new blog

Welcome to Welcome Home Radio’s new blog! We look forward to sharing current and exciting news and information about the mortgage and real estate business, along with leadership, and management with our expert leaders and mentors. We hope that our blog will be...
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