Weekly Market Observations - July 17, 2024
Wednesday, July 17
Here’s Our Weekly Market Observations : Texas claims 3 of the top 5 cities with the best post-pandemic jobs comebackCPI up 0.1% in June and 3.3% YOY Wholesale prices up in June and 3% YOY PCE up 0.1% in May and 2.6% YOY Average 30-year fixed mortgage rates down slightly to 6.89%
It's Getting Worse
Monday, July 15
Despite slowing sales volume and higher inventory of active homes for sale, the housing market continues to face multiple headwinds. While a hopeful decline in mortgage rates later this year and into 2025 may provide some relief to buyers, it will not do much to solve the biggest problem: increa...
Weekly Market Observations - July 11, 2024
Thursday, July 11
Here’s Our Weekly Market Observations : Jobs slightly exceed expectations in June while unemployment rises to 4.1% Multifamily demand sharply increases in Q2 Top states people are moving to include the Carolinas and Florida Average 30-year fixed mortgage rates up slightly to 6.95%
Are You Coming?
Monday, July 08
Real Estate Hacking Live is back - and you're invited! Join me and other real estate investors live and in-person for free food, tactical education, and great networking opportunities. This event is open to real estate professionals of all experience levels. And, I have a special free gift for y...
Weekly Market Observations - July 3, 2024
Wednesday, July 03
Here’s Our Weekly Market Observations : Pending home sales declined in May 2.1% MOM and 6.6% YOY Apartment sales drop to 10 year low Zillow estimates US housing shortage increased to 4.5 million New housing starts & permits continue to decline Average 30-year fixed mortgage rates down slight...
Exciting News
Monday, July 01
Exciting news... For years, 80 to 100+ investors attended the monthly Real Estate Hacking Live meetup. RHL featured tactical education and excellent networking opportunities for real estate investors of all experience levels. Unfortunately, like most events, RHL was canceled during COVID—until n...