But at some point this whole collapse is going to accelerate it's going to be like going straight down on a roller coaster and a lot of people aren't wearing their seat belts and they're going to fly off this roller coaster I hope everybody's having a great weekend i just came across this article on the hedge about an ...
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Read moreDetailsIf you're waiting for a housing market crash so that home prices become affordable again analysts say you won't have to wait that long the market is expected to spiral town with this year as a series of indicators suggest that more trouble is ahead experts warn that the Free Fall has already begun and We're now witnessing eerily similar ...
Read moreDetailsMARIA: WELCOME BACK. LET'S CHECK MORTGAGE RATES. THE 30 YEAR FIXED MORTGAGE RATE FALLING FOR A FOURTH WEEK IN A ROW, DOWN NOW TO 6.19% THIS WEEK. JOINING ME NOW TO TALK ABOUT HOUSING AND CONSTRUCTION IS THE CEO OF PULTE CAPITAL, BILL PULTE IS HERE. BILL, GREAT TO SEE YOU. THANKS SO MUCH FOR BEING HERE. >> THANK YOU, ...
Read moreDetailsThe number of housing starts tumbled last month, despite signs that the home sales market is heating up again after falling. Housing starts take into account the change in the number of new residential buildings beginning construction. New single-family home construction fell 8 percent from May to June, according to July 19 report from the U.S. Census Bureau. Starts are now at ...
Read moreDetailsDespite the national slump in real estate sales, Lawrence Yun, the chief economist at the National Association of Realtors (NAR), is forecasting that mortgage rates will fall closer to 6.0 percent by the end of 2023 and go below 6.0 percent in 2024. He expects new and existing-home sales to bottom out in 2023 before an upturn in 2024. During ...
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