A look at some varied data points from RealTrends.com and Reports on Housing Data plus some anecdotal points.
- calendar_month August 22, 2022
Find out everything you need to know about your future agent.
A look at some varied data points from RealTrends.com and Reports on Housing Data plus some anecdotal points.
Fresh Roasted Real Estate Episode #1 What is an Earnest Money Deposit or EMD?
We've got a lot of data this week! Case Schiller index is up and there was an article last week stating month to month July was down 0.77%. August Data comes out on September 1 so I'll keep an eye on it!
Demand is down almost 1/3 from a year ago and listings are coming in below expectations. The FED is anticipated to raise the FED funds rate on Wednesday by 75 basis points. Also: Follow me on Instagram @jb_baldwin for daily short videos
The case schiller index came out this morning showing the rate of appreciation has slowed and they expect rates continuing to climb. rates hit 7% today and inventory is not coming on line as anticipated.
We have the September data to look at now. Inventories are slightly up but not rising to where the forecasters expected them to rise. We're dealing with Payment Pressure not Supply Pressure.
after seeing the aftermath of Hurricane Ian in Florida it reminds me that you need a good emergency or earthquake kit. a lot of this gear can double as camping supplies too.