They Don't Know The Fannie Mae Home Purchase Sentiment Index® (HPSI) released this week jumped 3.5 points to 70.7, its highest level since March 2022, due primarily to 82% of consumers being confident in their job security and 36% of…
Redfin Forecasts Fall of Home Prices in 2024 Good Morning! With snow on the ground and a chill in the air, this weekend is the perfect weekend to dial in your thoughts and strategy to reset for next year. There…
Just The Facts Ma'am Buyers are entering into a time when they have an incredible advantage. But it doesn't feel good. It feels unaffordable and even unsafe. I've had a number of real estate agents reach out asking .. how…
Only Time Will Tell We’ve been talking about this CPI report (November report on October data) on our weekly market updates for months now. In fact, there may not be another future installment of economic data that we've ever focused…
A Little Holiday, A Little Savings Making A Big Impact Jobless Claims, ADP Jobs, NFP Jobs, Unemployment… busy and confusing Friday. Unemployment increased by .1% to 3.7%; mostly due to household jobs numbers going down by 328,000, mostly 45-54 year…
Rates Back Up to 20 Year High If you received our update text on Friday you know what the headline for this week was… unemployment numbers! Jobs are great for people who like to eat food and buy things, but…
Buy Before You Qualify Do you have a client with only 1 year in taxes and a current year P&L, but plenty of money? Or what about a borrower with a 6 month job gap? Last week I shared all…
Rates with a 7 Handle? Say it isn't so... Mortgage rates spiked on Thursday and Friday as the 10-year treasury moved from 3.55% right before Powell’s speech to top 3.75% on Friday. So what did Powell say to cause the…
