Weekly Market Observations - January 24, 2024
Wednesday, January 24
Here’s Our Weekly Market Observations : Unemployment rate falls to the lowest level since Sept 2022Pending existing home sales dropped 1% in December and 6.2% YOYHousing inventory increased 11.5% YOY to 3.2 monthsMedian sale price for existing homes increases 4.4% YOYAverage 30-year fixed mortgag...
😮 I Failed…
Monday, January 22
I failed... A year ago, I set a goal to run a 100 mile race within 24 hours. The race I chose for this challenge was the Brazos Bend 100. To put it into perspective how big of a goal this was for me, I only ran a total of 193 miles in 2022. And the longest I had ever ran before was a marathon in...
Weekly Market Observations - January 16, 2024
Tuesday, January 16
Here’s Our Weekly Market Observations : CPI rises to 3.4% YOY in DecemberThe SEC approves Bitcoin ETFsLakeland, FL sees renter age population grow by over 5.5%Steady apartment rental growth expected in 2024Average 30-year fixed mortgage rates up slightly to 6.66%
Weekly Market Observations - January 10, 2024
Wednesday, January 10
Here’s Our Weekly Market Observations : December jobs report exceeds expectations with 216,000 jobs added Unemployment remains unchanged at 3.7% Dallas takes top metro area for number of jobs added in 2023 Charleston tops top metro area for Dallas takes percentage jobs growth in 2023 Average 30-...
Weekly Market Observations - January 4, 2024
Thursday, January 04
Here’s Our Weekly Market Observations : Single-family existing home sales decrease 7.3% YOY Median single-family sale price increases 4% YOY to $387,600 Housing inventory increases from 3.2 months to 3.5 months YOY Multifamily insurance costs have more than doubled in the past 2 years Average 30...
Warning: SEC Threatens Your Investment Opportunities!
Tuesday, January 02
The government might soon restrict you from investing in some of the most lucrative real estate opportunities! Last week the SEC published a review on the definition of an accredited investor. Currently, an accredited investor is defined as someone who earns over $200,000 a year or has a net w...