Weekly Market Observations — October 24, 2023
Tuesday, October 24
Here’s Our Weekly Market Observations : Existing home sales drop 2% in September from August and 15.4% YOY Inventory climbed 2.7% in September with supply now at 3.4 months Median existing home sales price increased 2.8% YOY to $394,300 Mortgage demand falls to 28 year low Average 30-year fixed ...
Weekly Market Observations - October 17, 2023
Tuesday, October 17
Here’s Our Weekly Market Observations : Northeast apartment rents lead in rent growth, up 3.1% YOYHome sales on tract for over 20 year lowTrial starts for the first NAR commission lawsuitMortgage rates nearly 3 times higher than 2021Average 30-year fixed mortgage rates up slightly to 7.57%
Weekly Market Observations - October 11, 2023
Wednesday, October 11
Here’s Our Weekly Market Observations : US jobs report came in stronger than expected with 336k new jobs added in September Apartment rents in Northeast and Midwest markets remain positive YOY Zillow wins case over failed REX brokerage RE/MAX and Redfin latest end NAR membership requirement Aver...
How To Build A Million Dollar Rental Portfolio...
Monday, October 09
Do you want to build a million dollar rental portfolio, but... You either think you have to buy 50+ houses or you need to own large apartment buildings. The truth is building a million dollar rental portfolio is a lot simpler than you realize. I've broken down the details and shown a simple plan ...
Weekly Market Observations — October 4, 2023
Wednesday, October 04
Here’s Our Weekly Market Observations : Pending home sales down 7.1% from July to August and 18.7% YOYMultifamily starts down 26.3% from July and 41% YOYMultifamily permits up 14.8% from July but down 17.7% YOYSingle-family starts down 4.3% from July but up 2.4% YOYSingle-family permits up 2% fro...
Weekly Market Observations - September 26, 2023
Tuesday, September 26
Here’s Our Weekly Market Observations : The Fed holds interest rates steady, but hits at more hikes Existing home sales fall 0.7% in August from July and 15.3% YOY Housing market tightens as inventory remains at historic lows Existing home sales medium prices increase 3.9% YOY to $407,100 Averag...