Housing "Starts" Begin Declining
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In today’s episode, we dive into the ripple effects of the Federal Reserve’s recent rate cuts on the mortgage market. Despite a much-anticipated dip in rates, refinancing activity has unexpectedly dropped, leaving many wondering what’s really driving these fluctuations. From geopolitical tensions...
Published 11/18/24
Zillow reported that nationwide active inventory was up 22% year over year in August, although it remained 31% lower than the pre-pandemic level of August 2019. Meanwhile, new listings grew slightly monthly and yearly but were 21% lower than the same month in 2019.  In a separate report,...
Published 11/17/24
Published 11/17/24