"I wouldn't say that lower-end buyers are totally locked out right now, but they are bearing the brunt of this high mortgage rate environment," https://t.co/6b8kyMK0vr economist @berner_account says. "What we're preaching is patience for first-time homebuyers right now."
A few years ago, a student of mine at St. Edwards put his AirPods in right as I started to lecture. I told him not to come to class if he wasn’t going to listen. When I saw this ad I panicked, I was afraid I shamed him for using a hearing aid. Thankfully this is a new feature 🙏🏻
I'm so proud of the many teams across Apple developing powerful technologies that are improving people’s lives. The Hearing Aid feature on AirPods Pro 2 uses your personalized sound profile so you can hear the moments that matter.
@PeakedInHS_FF Is there any correlation between these trade values and FAAB? Is there a conversion rate? Like 10 trade value points is worth 5% of FAAB or anything? @PeakedInHS_FF
October survey results from the @FannieMae Home Purchase Sentiment Index dropped today. @berner_account identifies a post-election gap between perception and reality, especially around mortgage rates.
https://t.co/PQfp7yW4Lf
The housing market is showing subtle signs of change this week, with new listings falling, total inventory growing, and homes spending longer on the market.
https://t.co/wCsKLGYdgD
New construction activity picked up in June after sliding in May, driven by growth in multi-family projects. Easing inflation may precipitate rate cuts that spur on new home buyer activity to match this month’s positive construction news. Details here: https://t.co/DIBAYQyIu9
A mixed bag from the August Employment Situation: total employment reaches a new record level while the unemployment rate ticks up to 3.7%.
https://t.co/RvDcIbWnEZ
Selling homes in pricey areas means these owners have more cash and more flexibility to move elsewhere to seek value, while homeowners in less expensive parts of town end up with less mobility and are less likely to be searching far from home.
As listing prices continue to grow, shoppers in pricey areas are becoming more and more likely to look for homes in other markets. @berner_account https://t.co/9ofstMDZHo
Economy adds over half a million jobs, unemployment rate falls to 3.5%. July’s job growth far surpassed the second quarter average of just under 375,000 jobs added month to month. @berner_account https://t.co/2GHojalwOf
The listings in top markets move fast, w/ average time on market in the top 20 @ 22.6 days (vs 32.3 nationwide). All of our featured markets except Eureka-Arcata-Fortuna, CA, see listings spend fewer days on market than the national median. @berner_account https://t.co/nx8lZX7Rh4