📈🏠 Consumer Price Index Surprises, Mortgage Rates Dip & Economic Slowdown? 🐢💡
🚀 Hey there, Financial Enthusiasts! Welcome back to our channel where we decode the latest economic trends for you. In today's video, we're diving deep into some surprising and crucial updates in the economic world.
📊 First up, we're talking about the Consumer Price Index (CPI) which has just beaten expectations! This is a big deal because the CPI is a key indicator of inflation and impacts everything from your grocery bills to how much you pay for gas. We'll explore what this means for your wallet and the economy.
🏠 Next, we've got some good news for potential homeowners and real estate watchers. Mortgage rates are on the decline! This could be a game-changer for those of you looking to buy a house or refinance. We'll break down the numbers and discuss how this could impact the real estate market.
🐢 But it's not all sunshine and rainbows. Despite some positive signs, there are indicators that the economy is starting to slow down. We'll take a closer look at what's causing this slowdown and what it could mean for job markets, investments, and overall economic health.
00:00 Introduction
00:33 Overview
01:10 Economic Numbers
04:46 Retail Sales Dip
05:05 Three Factors Affecting Rates
05:54 Fed Rate Cut Prediction
07:54 Hometown Heroes Update
09:45 Orlando Market Update
14:01 Lowest Home Sales All Year
15:24 Is your property really ready to list?
18:39 Lowest Number of Condos Sold
👀 Stay tuned for an in-depth analysis, expert opinions, and tips on how to navigate these economic waters.
DID YOU ENJOY? SUBSCRIBE HERE: https://bit.ly/orlbuzz
Need Help Buying or Selling Real Estate In Florida?
Email us with questions and your contact information
Joseph Dionne
Joe@AppliHL.com
Managing Partner
Appli Home Loans
www.applihl.com
Licensed In: Florida, South Carolina, Tennessee, Michigan, Colorado, Texas
Brenden Rendo
brenden@homesinorlando.forsale
The Homes In Orlando Team
NextHome Neighborhood Realty
www.HomesInOrlando.ForSale
*Follow Brenden*
Instagram: Brenden Rendo (@homesinorlandoforsale) • Instagram photos and videos
Facebook: https://www.facebook.com/Brenden.Rendo.Realtor
LinkedIn: https://www.linkedin.com/in/homesinorlandoforsale/
Disclosure: Brenden Rendo is a real estate agent. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# SL3263309.
I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
#orlandofl #orlandorealtor #orlandorealestate #homesinorlandoforsale #orlandorealestateagent #orangecountyfl #homesales #applihl #homesellers #homesforsale #homesforsaleinorlando #mortgagerates #realestate #realestatenews #newhomes #newhomesales #realestateinvestor #investmentproperties #appli #nexthome #investorcashflowloan #housingmarket #ninjanation
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Snag Funds From Hometown Heroes Fast with Subsidized Interest Rates in Todays Market
🌟 Great News for Florida Homebuyers! 🏡💙 Check out the Hometown Heroes program – a fantastic opportunity for first-time buyers in Florida. If you haven't owned a home in the past three years, you're in luck – you qualify! 🍀
📊 Eligibility Criteria:
- A credit score of 640? Check! ✔️
- Full-time employment? They're looking for around 35 hours a week. ✔️
💰 Funds are still available, which is a big deal considering how quickly they were snapped up when the program launched in July. Back then, interest rates were about 1 to 1.5 points lower, so it's interesting to see how the current higher rates are influencing the program's uptake 📈.
🏦 Bonus: The interest rates are slightly subsidized. For instance, the FHA rate this morning was around 7.25%, which is a bit more favorable than the general market rate 🎉.
Stay Up To Date: https://sendfox.com/lp/10d4gr
#HometownHeroesFL #FirstTimeHomeBuyer #FloridaRealEstate #DownPaymentAssistance #HomeOwnership #RealEstatePrograms #CreditScore #FullTimeEmployment #HousingMarket #InterestRates
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🛠️ Stepping Into Week 12 - Nearing the Finish Line!
🛠️ Stepping Into Week 12 - Nearing the Finish Line!
Join us as we edge closer to completion, observing the finesse and final touches that transform these structures into welcoming homes.
📌 Doors and Décor, A Home's Welcome!
Installation of unique blue doors on both garage and front entrances mark a striking aesthetic evolution, adding personality and charm to the homes.
🔨 Precision in Progress:
Focused efforts on finalizing key elements like driveways and grading, align with meticulous interior finishing, showcasing the attention to detail at every turn.
💡 Illuminating Insights:
Ceiling fan installations and strategic electrical setups cater to modern living needs, exemplifying the blend of functionality and style in these homes.
🌆 Landscape and Layout:
The strategic placement of trees and landscaping begins to take shape, enhancing the outdoor spaces and complementing the architectural beauty of the houses.
📣 Highlights:
The transition from construction sites to potential homes becomes palpable, with every detail contributing to the overall appeal.
Client walkthroughs bring valuable feedback, emphasizing the impact of quality and thoughtful design.
The countdown to completion ignites excitement, underscoring the transformation journey from blueprints to living spaces.
Wrap-Up:
As Week 12 unfolds, we are reminded of the journey that each home represents - a blend of vision, craftsmanship, and dedication. The finishing touches not only add beauty but also encapsulate the essence of a home that's ready to welcome its new family. Stay tuned as we approach the grand finale of this building saga! 🏠✨
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New Construction Homes In Orange City, FL | Walk with the Builder Week 12
🛠️ Stepping Into Week 12 - Nearing the Finish Line!
Join us as we edge closer to completion, observing the finesse and final touches that transform these structures into welcoming homes.
📌 Doors and Décor, A Home's Welcome!
Installation of unique blue doors on both garage and front entrances mark a striking aesthetic evolution, adding personality and charm to the homes.
🔨 Precision in Progress:
Focused efforts on finalizing key elements like driveways and grading, align with meticulous interior finishing, showcasing the attention to detail at every turn.
💡 Illuminating Insights:
Ceiling fan installations and strategic electrical setups cater to modern living needs, exemplifying the blend of functionality and style in these homes.
🌆 Landscape and Layout:
The strategic placement of trees and landscaping begins to take shape, enhancing the outdoor spaces and complementing the architectural beauty of the houses.
📣 Highlights:
The transition from construction sites to potential homes becomes palpable, with every detail contributing to the overall appeal.
Client walkthroughs bring valuable feedback, emphasizing the impact of quality and thoughtful design.
The countdown to completion ignites excitement, underscoring the transformation journey from blueprints to living spaces.
Wrap-Up:
As Week 12 unfolds, we are reminded of the journey that each home represents - a blend of vision, craftsmanship, and dedication. The finishing touches not only add beauty but also encapsulate the essence of a home that's ready to welcome its new family. Stay tuned as we approach the grand finale of this building saga! 🏠✨
Youtube Description Addition:
Episodes Introduction - https://youtu.be/2IHI2OqQL7M
Week 1 - https://youtu.be/0hHSeWwOZS0
Week 2 - https://youtu.be/FpsqTr5VSpw
Week 3 - https://youtu.be/O3xGG7pFKpU
Week 4 - https://youtu.be/qksiw0VMy9U
Week 5- https://youtu.be/yerRq1Y4daY
Week 9- https://youtu.be/1zbogY2V6BE
Week 10 - https://youtu.be/d6P1YaGKWkE
Week 11 -https://youtu.be/9ffm0HWb-C4
Contact:
Brenden Rendo
407-710-8720
brenden@homesinorlando.forsale
The Homes In Orlando Team
NextHome Neighborhood Realty
https://www.HomesInOrlando.ForSale
Or
Tim Wilkerson
Palm Investments of Orlando, LLC
407-712-0361
https://palminvesthome.com/
Homes For Sale in Orange City, FL https://www.homesinorlando.forsale/32763-zipcode/
*Follow Brenden* Instagram: Brenden Rendo (@homesinorlandoforsale) • Instagram photos and videos
Facebook: https://www.facebook.com/Brenden.Rendo.Realtor
LinkedIn: https://www.linkedin.com/in/homesinorlandoforsale/
Disclosure: Brenden Rendo is a real estate agent. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# SL3263309.
New construction homes,new construction home process, new construction homes in florida, new construction homes in orlando florida, new construction tour, new construction inspection, new construction home tour 2023,new construction home 2023, new construction homes orange city fl, new construction homes orlando fl, new construction home process in florida, orlando real estate, orlando real estate market, orlando realtor, orlando real estate 2023, orlando real estate agent
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New Construction Homes In Orange City, FL | Walk with the Builder Week 9
🛠️ Dive In: Week 9 - Final Touches and Flourishes!
Venture with us as we fine-tune the details, bringing the masterpiece that is a home to its culmination.
📌 Interiors Ignite, Homely Hues!
With paint, polish, and precision, the interiors transform into inviting spaces, echoing the resident's dreams and desires.
🔨 Detail-Driven Distinction:
Every nook and corner is scrutinized, ensuring that the house is not just ready, but resonates with elegance and excellence.
💡 Enlightening Spaces:
From ornate fixtures to ambient lighting, we illuminate the home in ways that enhance both form and function.
🌆 Design Dynamics:
Finishing touches to the facade, landscaping efforts, and elegant entryways make certain that every home exudes curb appeal and class.
📣 Highlights:
The synthesis of design elements brings forth homes that are more than structures; they're symphonies of space and style.
Attention to detail ensures longevity and luxury in every corner.
The journey from blueprint to a tangible home reaches its zenith, promising comfort and charm for years to come.
Wrap-Up:
Week 9 encapsulates the essence of creating homes that sing with sophistication! Every fine-tuned detail speaks volumes of dedication and design. Stay with us as we prepare to hand over the keys to dreams sculpted with bricks and beams! 🏠✨
Week 9 sings the praises of meticulous planning and execution. As trusses define the skyline and walls encapsulate dreams, we're not just building homes; we're crafting legacies of safety and sophistication. Join us in this rhythmic dance of construction! 🏠🌟
Episodes Introduction - https://youtu.be/2IHI2OqQL7M
Week 1 - https://youtu.be/0hHSeWwOZS0
Week 2 - https://youtu.be/FpsqTr5VSpw
Week 3 - https://youtu.be/O3xGG7pFKpU
Week 4 - https://youtu.be/qksiw0VMy9U
Week 5- https://youtu.be/yerRq1Y4daY
Contact:
Brenden Rendo
407-710-8720
brenden@homesinorlando.forsale
The Homes In Orlando Team
NextHome Neighborhood Realty
https://www.HomesInOrlando.ForSale
Or
Tim Wilkerson
Palm Investments of Orlando, LLC
407-712-0361
https://palminvesthome.com/
Homes For Sale in Orange City, FL https://www.homesinorlando.forsale/32763-zipcode/
*Follow Brenden* Instagram: Brenden Rendo (@homesinorlandoforsale) • Instagram photos and videos
Facebook: https://www.facebook.com/Brenden.Rendo.Realtor
LinkedIn: https://www.linkedin.com/in/homesinorlandoforsale/
Disclosure: Brenden Rendo is a real estate agent. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# SL3263309.
New construction homes,new construction home process, new construction homes in florida, new construction homes in orlando florida, new construction tour, new construction inspection, new construction home tour 2023,new construction home 2023, new construction homes orange city fl, new construction homes orlando fl, new construction home process in florida, orlando real estate, orlando real estate market, orlando realtor, orlando real estate 2023, orlando real estate agent
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Taylor Morrison's Price Drop: What It Signals for the Housing Market #orlandorealestate
**Taylor Morrison's Price Drop: What It Signals for the Housing Market 🏠💸**
Greetings, Home Buyers and Market Enthusiasts!
Today, we're diving into a noteworthy move by Taylor Morrison regarding their quick move-in homes. For those not in the loop, these are properties that are move-in ready. No waiting on construction. You can essentially pick up your keys and start your next chapter.
One particular property, initially listed at $390,000, saw a jaw-dropping reduction to $335,000. That's a hefty $55,000 chop!
Now, you might be wondering: "Why is this significant?" Here's the deal. Builders, historically, are reluctant to cut prices. It's not just about offloading inventory. Once a property sells at a lower price, it sets a new benchmark. That reduced price becomes a relevant comparable in the market, which can then affect future sales and appraisals.
And herein lies the crux of the issue. As soon as one major builder starts to reduce prices, it sends a ripple through the industry. It's not just about that one sale. It becomes a statement on the state of the housing market. Is demand cooling off? Are inventories piling up? Is there a broader market softening underway?
The Taylor Morrison move serves as a reminder that the real estate market is ever-evolving. And while one price drop doesn't dictate a trend, it's certainly an indicator worth keeping an eye on.
For now, prospective buyers might rejoice at the possibility of snagging a deal. But long-term implications? Those remain to be seen.
Stick with us for more updates, insights, and analyses on the current housing market scene. And if you found this information valuable, don't forget to like, share, and subscribe for more!
#TaylorMorrison #HousingMarket #PriceDrop #RealEstateTrends
Start Your Home Search Today!
CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale
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Economic Resilience in the Face of Conflicting Unemployment Data? #orlandorealestate #powell
**Economic Resilience in the Face of Conflicting Data? 📊📈**
Good morning, Financial Enthusiasts! Let's jump right into today's hot topic.
We woke up to some promising news: the unemployment figures took a plunge, falling by 13,000 units, clocking in under the 200,000 mark for the first time in quite a while. On the surface, our economy seems to be flexing its muscles 💪, and those numbers are truly impressive.
But here's where the plot thickens.
While the unemployment numbers are cause for celebration, there's a concerning trend emerging on the other side of the coin. Reports show that WARN notices (the Worker Adjustment and Retraining Notification Act, for those not in the know) are surging. These notices are crucial indicators, representing larger companies (100+ employees) signaling their intent to enact significant layoffs. And the current numbers? They're the highest we've seen in over a year!
So, how do we reconcile these seemingly conflicting data points? 🤔
Are smaller businesses, perhaps those with under 50 employees, driving the positive unemployment stats? Or are there gaps in the data that we're not accounting for?
One thing's for certain: it's a financial puzzle that needs solving. Stay tuned as we dive deeper into these trends, trying to decode the true state of our economy.
Remember to like, share, and subscribe to stay informed on these economic twists and turns!
#EconomicUpdate #UnemploymentStats #WARNNotices #FinancialPuzzle
Start Your Home Search Today!
CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale
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Mortgage Meltdown, Developer Defaults & Bank Turmoil: All Before Breakfast?
Good morning, Financial Aficionados! Talk about a wild start to the day. It's only 9am, and the financial world is already on its toes. Let's break down today's rollercoaster:
1. **Mortgage Interest Rate Surge 📈:** Rates have rocketed past the 8% mark, a move that could send ripples across the housing market. What does this mean for potential homeowners and investors? We'll deep-dive into the implications.
2. **Country Garden's Downfall 🏢💥:** China's massive developer, Country Garden, has officially defaulted. Amidst China's property market turbulence, how will this shape the nation's economic landscape?
3. **Bank of America's Troubles 💰🔥:** With a staggering $131 billion in unrealized losses, questions about stability and repercussions for the broader financial market are looming large.
So much to unpack, and the day's only just begun! Join us as we delve into the nuances of these headline-grabbing events and shed light on how it's all impacting the housing market.
Hit that follow button to stay updated on this whirlwind of a financial day. Let's navigate these choppy waters together.
#MortgageRates #CountryGarden #BankOfAmerica #housingmarketupdate
00:00 Introduction
01:00 Unemployment Numbers
04:00 Bond Market Update
06:03 Country Garden Defaults
08:53 8 percent interest rates
10:36 Historical Fed Rate Increases
12:37 Fed Rate Outlook
13:37 Builder Confidence
17:48 Cut Rates
21:49 Turned to buyer's market
23:28 Veteran Tax Bill Proposal
27:27 Orlando Market Recap
DID YOU ENJOY? SUBSCRIBE HERE: https://bit.ly/orlbuzz
Need Help Buying or Selling Real Estate In Florida?
Email us with questions and your contact information
Joseph Dionne
Joe@AppliHL.com
Managing Partner
Appli Home Loans
www.applihl.com
Licensed In: Florida, South Carolina, Tennessee, Michigan, Colorado, Texas
Brenden Rendo
brenden@homesinorlando.forsale
The Homes In Orlando Team
NextHome Neighborhood Realty
www.HomesInOrlando.ForSale
*Follow Brenden*
Instagram: Brenden Rendo (@homesinorlandoforsale) • Instagram photos and videos
Facebook: https://www.facebook.com/Brenden.Rendo.Realtor
LinkedIn: https://www.linkedin.com/in/homesinorlandoforsale/
Disclosure: Brenden Rendo is a real estate agent. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# SL3263309.
I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
#orlandofl #orlandorealtor #orlandorealestate #homesinorlandoforsale #orlandorealestateagent #orangecountyfl #homesales #applihl #homesellers #homesforsale #homesforsaleinorlando #mortgagerates #realestate #realestatenews #newhomes #newhomesales #realestateinvestor #investmentproperties #appli #nexthome #investorcashflowloan #housingmarket #ninjanation
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Self-Employed Borrowers' Boost: Guidelines Update!
Self-Employed Borrowers' Boost: Guidelines Update! 📚🖊️
Diving down to the heart of mortgage matters, especially for our self-employed friends! 💼🏠
The standout update here? Guidelines around South "Self-Employed" Borrowers. 📝
Historically, there's always been a slight chance to lean on just one year instead of the standard two when it comes to vetting financials for self-employed borrowers. But, let's be real—it hasn’t been a walk in the park to get that approval. 🚶♂️🌲
The latest twist? Some enhanced clarity in the guidelines. It seems the path will be a tad smoother this year for self-employed individuals aiming for a one-year nod from the AUS (Automated Underwriting System). 🖥️👍
And who stands to gain? 🎯
Those fresh entrepreneurs who launched their ventures around a year and a half ago. They might not have the full two years of self-employed records but do have one comprehensive year of tax returns.
Or those seasoned borrowers who've got more than ample credentials but might be missing just that second-year record.
In essence, this update offers a helping hand, opening doors for a broader range of self-employed borrowers in their homeownership journey.
#SelfEmployedMortgage #GuidelineUpdate #HomeLoanHopes #RealEstate2023
Start Your Home Search Today!
CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale
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China's Property Crisis Deepens: Country Garden on the Brink?
**China's Property Crisis Deepens: Country Garden on the Brink? 🏢📉**
Hey there, Real Estate Enthusiasts! A storm is brewing in China's property sector...🌪️
Country Garden, standing tall as China's largest real estate developer, is now on the precipice of default. The pressure is real: if they fail to settle a $15 million coupon by the end of today, we could be looking at a potential domino effect of cross defaults. And with a whopping $17 billion of offshore debts hanging over their head, such a default could unleash financial tremors throughout China's economy. 🏠💰
But, Country Garden isn't sailing this turbulent sea alone. Other mammoth developers, namely Evergrande and Gemdale, are wrestling with their own debt demons.
The Chinese government is diving in, trying to steer the ship to calmer waters, but there's no instant fix in sight. 🚫🔧
So, what's next for China's property market? Uncertainty, for now. But we'll be here, keeping a close watch and updating you on every twist and turn.
If you found this update helpful, smash that like button, subscribe, and ring that notification bell 🛎️ to ensure you're always in the loop. Till next time, take care, and thanks for tuning in! 👋🎥
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Real Estate Rundown: New Terms for Multi-Unit Purchases! #orlandorealestate #realestate
Real Estate Rundown: New Terms for Multi-Unit Purchases! 🏘️💼
Attention, potential property magnates! Here's the latest on two to four-unit purchases: 📣
Previously, if you were eyeing a duplex (that's a two-unit property) for primary purchase, you'd have to shell out a 15% down payment. But now? This just got a whole lot more attractive. The requirement has been slashed to just 5%! 💰🔽 And guess what? The same generosity extends to three to four-unit properties as well.
But (and there's always a but!), tread carefully. 🚫👣 The automated underwriting system is like a hawk: sharp-eyed and discerning. 🦅 While they've lightened up on the down payment front, they're tightening the reins elsewhere:
Expect a magnifying glass on credit scores. Higher credit borrowers will be favored.
Reserves? You bet they want to see them.
They might be coy about detailing every criterion on their checklist, but rest assured, they're thorough. 📜🔍
After plugging in various scenarios for borrowers, there are some where I think, "This one's a no-brainer—should be an easy approval." 🎯 But, as always, it's essential to be prepared and understand the landscape before diving in.
#RealEstateUpdate #MultiUnitPurchases #DownPaymentDynamics #
Start Your Home Search Today!
CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale
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Mortgage Rates Rollercoaster: A Welcome Dip!
Mortgage Rates Rollercoaster: A Welcome Dip! 📉🎢
Hey folks! If you've been keeping an eye on mortgage interest rates, here's a refreshing update: We've seen a gentle pullback! 🙌 After soaring to dizzying heights around 4.8%, recent days have brought a much-appreciated reprieve.
Thanks to shifts in the 10-year T, we've retracted to around 4.6% and even dipped a tad lower just yesterday. 📊🔽
And let's be honest: Compared to where we stood a week ago? This is a breath of fresh air! 😌
It's always a delight to see the chart trending in this direction. Because, let’s face it, we'd all pick a gentle downward slope over a steep climb any day of the week! 📉❤️
#MortgageRateRelief #RateRollercoaster #HomebuyersJoy #
Start Your Home Search Today!
CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale
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Philadelphia Fed Chief's Game-Changing Announcement: Holding Rates for Housing Stability!
Philadelphia Fed Chief's Game-Changing Announcement: Holding Rates for Housing Stability!
- 💬 Philadelphia Federal Reserve President Daniel Harker addressed concerns about the central bank's rate hike regimen during the Mortgage Bankers Association's Annual Convention.
- 🏠 Rising mortgage rates have impacted the housing market, contributing to higher borrowing costs and a contraction of inventory.
- 📈 Harker believes the current economic data supports holding rates where they are to achieve price stability and assist the housing industry.
- 📉 He anticipates a steady disinflation in housing prices, with inflation dropping below 3% in 2024 and leveling out at the 2% target thereafter.
- 📊 Harker did not provide a clear plan for cutting rates but expressed the expectation that rates may need to stay high for a while to achieve their goals.
#RealEstateUpdate #MultiUnitPurchases #DownPaymentDynamics #
Start Your Home Search Today!
CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale
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Housing Inventory Insight: Reading Between the Real Estate Lines 🏡📈
Housing Inventory Insight: Reading Between the Real Estate Lines 🏡📈
Well, folks, the numbers are speaking, and here's the scoop: Inventory has gotten a boost, now standing over 5% higher than what we saw in January. 🗓️📊
What does this mean for potential homebuyers and sellers? 🤔 The gap between the original list price and the final sales price is widening, and there's a reason behind this shift. 🔄💰
More homes on the market translate to more options for buyers. 🏘️ The once-frenzied urgency to snap up a property is fading, giving buyers a little more room to breathe and negotiate. You're no longer cornered into settling for a deal that might not sit well with you. 🚫
In short: With more homes available, you can afford to be choosy, ensuring you find a deal that you're genuinely comfortable with.
#RealEstateInventory #BuyersMarket #NegotiationPower #
#RealEstateGuidance #MortgageMatters #Orlandorealtor #Orlandorealestate #mortgagebroker
Start Your Home Search Today!
CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale
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The Full Home Buyer Advisor Effect: Beyond Just Opening Doors 🚪🔑
The Full Advisor Effect: Beyond Just Opening Doors 🚪🔑
In today's real estate and mortgage landscape, it's not enough to be just an order taker or a mere door opener. It's about embracing the role of a 'full advisor'. 🧠✍️
Imagine this: Brendan, the realtor, and Joe, the mortgage professional, sit across from you. You're not just seeking transactional assistance. You're looking for genuine advice—guidance that paves the way for your best possible scenario. 🏡💡
Seller credits? Oh, they're on the table now! 📊 Just a year ago, borrowers rarely had this option. But times have changed. I recall advising a borrower recently, someone who was pre-approved a year back. A lot has shifted in a year. And now? They have the leverage to ask for those seller credits. 🎯
It's about painting the bigger picture—illustrating scenarios like, "If we maneuver this, this, and this, you're looking at this monthly payment. Does that fit snugly into your financial comfort zone?" 💸
Because, when you boil it down, in the grand tapestry of the mortgage world, it circles back to one pivotal aspect: the monthly payment. And ensuring that it aligns seamlessly with the borrower's financial realities.
#FullAdvisorRole #RealEstateGuidance #MortgageMatters #Orlandorealtor #Orlandorealestate #mortgagebroker
Start Your Home Search Today!
CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale
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🚀 Dive Deep with Real Estate Titans! 🏡
BAM! Ever heard about Fannie Mae shaking things up? Yep, new guidelines are out, and we're here to dissect 'em - no stone unturned. But wait, there's more. 🔍
Inflation? It's not just heating up; it's on fire! That PPI isn't just meeting expectations; it's leaping way above 'em. If you're thinking, "Hey, what does this mean for my wallet?", tune in. You're in for a wild ride.
Mortgage rates, though? Breathe easy, friends. There's a pullback happening. Is it a blip? A trend? We'll get into the nitty-gritty.
Oh, and Orlando? If homes were trees, it'd be a forest right about now. Inventory's growing. For buyers, sellers, and curious cats, this bit's a must-listen. 🐱
Join us. Grab your coffee, tea, or whatever gets you jazzed. It's time for some real estate brain candy. 🧠🍭
Chapters:
00:00 Introduction
01:06 New Fannie Mae Guidelines
03:24 Self Employed Borrowers Update
05:24 Loan Limit Increases
07:28 Inflation is still hot
14:00 Mortgage Rate Pull Back
18:00 Truist Bank Troubles
21:07 Orlando Numbers
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Need Help Buying orSelling Real Estate In Florida?
Email us with questions and your contact information
Joseph Dionne
Joe@AppliHL.com
Managing Partner
Appli Home Loans
www.applihl.com
Licensed In: Florida, South Carolina, Tennessee, Michigan, Colorado, Texas
Brenden Rendo
brenden@homesinorlando.forsale
The Homes In Orlando Team
NextHome Neighborhood Realty
www.HomesInOrlando.ForSale
*Follow Brenden*
Instagram: Brenden Rendo (@homesinorlandoforsale) • Instagram photos and videos
Facebook: https://www.facebook.com/Brenden.Rendo.Realtor
LinkedIn: https://www.linkedin.com/in/homesinorlandoforsale/
Disclosure: Brenden Rendo is a real estate agent. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# SL3263309.
I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.
#orlandofl #orlandorealtor #orlandorealestate #homesinorlandoforsale #orlandorealestateagent #orangecountyfl #homesales #applihl #homesellers #homesforsale #homesforsaleinorlando #mortgagerates #realestate #realestatenews #newhomes #newhomesales #realestateinvestor #investmentproperties #appli #nexthome #investorcashflowloan #housingmarket #ninjanation
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🚀 Dive Deep with Real Estate Titans! 🏡 #orlandorealestate
BAM! Ever heard about Fannie Mae shaking things up? Yep, new guidelines are out, and we're here to dissect 'em - no stone unturned. But wait, there's more. 🔍
Inflation? It's not just heating up; it's on fire! That PPI isn't just meeting expectations; it's leaping way above 'em. If you're thinking, "Hey, what does this mean for my wallet?", tune in. You're in for a wild ride.
Mortgage rates, though? Breathe easy, friends. There's a pullback happening. Is it a blip? A trend? We'll get into the nitty-gritty.
Oh, and Orlando? If homes were trees, it'd be a forest right about now. Inventory's growing. For buyers, sellers, and curious cats, this bit's a must-listen. 🐱
Join us. Grab your coffee, tea, or whatever gets you jazzed. It's time for some real estate brain candy. 🧠🍭
Watch Live: https://youtube.com/live/RYQ4JwAyqHQ?feature=share
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ADP vs. JOLTS Report: Navigating the Jobs Landscape & Jerome Powell's November Meeting Analysis 📈📊
Welcome to our deep dive into the world of employment metrics! In today's live session, we'll be unraveling the intricacies of two key jobs reports – the ADP National Employment Report and the JOLTS (Job Openings and Labor Turnover Survey).
What you'll learn:
🔹 The primary differences between ADP and JOLTS, and why each report matters in the grander economic landscape.
🔹 Insightful breakdown of the latest numbers from both reports.
🔹 Jerome Powell's perspective: As the November Federal Reserve meeting approaches, all eyes are on Chairman Powell. We'll explore potential interpretations he might draw from these reports and how they could influence his stance on the economy.
🔹 The looming question: Will these employment figures detour the much-anticipated Federal rate increases? Dive into the discussion with us, and let's forecast the Fed's next moves.
Join us for a thorough analysis, expert opinions, and an interactive Q&A session. Whether you're an economist, financial enthusiast, or just curious about the job market's current state, this vlog is for you! Remember to hit the subscribe button and turn on notifications for more insightful discussions.
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Redfin flips off National Association of Realtors
🚨 Major News Alert! 🚨 Redfin has taken a bold step by leaving the National Association of Realtors. 🏘️ Brenden Rendo from Homes in Orlando dives deep into the reasons behind this move. 🔍
1️⃣ Follow the Money: Is Redfin's decision tied to monetary motivations? 💰
2️⃣ Redfin's Financial Health: A look into Redfin's Q2 reports and its implications for the future. 📉
3️⃣ NAR Dues: A strategic move to cut expenses or a genuine stance? 🤔
Join Brenden as he breaks down the situation and gives us a unique perspective. What's your take? Comment below! ⬇️ #RealEstateNews #Redfin #NAR
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Surprising Mortgage Rate Update Is 7.65% #housingmarket
Surprising Mortgage Rate Update: Is 7.65% the New Average?
Whew, numbers time! 📊🔢 Dive deep with me into this mortgage maze.
At a glance? A neat average of 7.19% on that report. 📑✅ Sounds straightforward, right? But, ah! A plot twist awaits. 🌀👀 Slide your eyes to the far right of that screen—BAM! A crisp 7.65%. Today’s mortgage rates? Sitting pretty at 7.625%. 🚀📈
Remember those golden days with the dazzling average rate of 2.66%? Oh, those were the times! 🌟✨
Top-tier, you ask? Bingo! 🔝💎 It's not just any data. It's the creme de la creme, courtesy of Mortgage News Daily. They're scooping the best of the best, the top-tier pricing option.
Moral of the story? Rates dance. They shimmy. They shake. 🕺💃 And while it's a spectacle, it's essential to know the tune they’re dancing to.
#MortgageRates #TopTier #NumbersDance #RateRollercoaster
Start Your Home Search Today!
CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale
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New Home Sales at 5 Month Lows #orlandorealestate #newconstruction
New Home Sales Newsflash! 🚨🏠
August saw a dip in sales for newly constructed single-family homes, trailing behind July's spirited numbers. 📉 While these latest figures are a modest 5.8% above August 2022's 638,000-unit rate, they've missed the forecasted target of 699,000 annual units. 🎯😓
Raw data? In August, 54,000 homes found new owners, compared to 61,000 in the sunny month of July. ☀️🔽
Now, here's a silver lining for homebuyers: 💰 Sale prices have experienced a modest decrease over the past year. Come August, the median home price sat at $430,300—yes, that's a tidy $10,000 drop from the previous year! 💸⬇️
It's clear: While sales have experienced a few hiccups, it's still a dynamic market. Changes are afoot, and we'll be keenly watching.
#HomeSalesUpdate #AugustDip #MarketTrends2023 #PriceDropAlert
Start Your Home Search Today!
CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale
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New Construction Homes in Orange City, FL | Walk with the builder Week 5
🛠️ Dive In: Week 5 - Structural Symphonies and Safety!
Join us in the fascinating journey of home-building as we transform foundational elements into sanctuaries, one block and beam at a time.
📌 Framing Fundamentals:
The trusses are set, walls are emerging, and the architectural anatomy of the home becomes more visible. This week, it's not just about progress but the pace at which dreams are getting framed.
🔨 Pioneering Pace:
The dynamics of the construction process surpass expectations. What once was envisioned for December might now greet us as early as mid-December.
💡 Hurricane-Ready Resilience:
Drawing from the experiences of past hurricanes, especially the lessons from Miami-Dade, every truss tie, strap, and clip fortifies the house against nature's fiercest challenges.
🌆 Construction Chronicles:
From u-shaped lentil blocks to the intricate details of reinforcing rods, every technique and tool is a testament to precision and planning. The homes aren't just rising; they're being fortified.
📣 Highlights:
In the realm of efficiency, a notable mention is the energy-saving external insulator, slashing utility bills impressively. The chant of safety reverberates with every block and beam, with the consistent emphasis on hurricane resilience. As we pivot towards the roofing phase, the anticipation builds, matching the tangible progress on the ground.
Wrap-Up:
Week 5 sings the praises of meticulous planning and execution. As trusses define the skyline and walls encapsulate dreams, we're not just building homes; we're crafting legacies of safety and sophistication. Join us in this rhythmic dance of construction! 🏠🌟
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The Struggle of Homeownership Income Stagnation vs Rising Costs
The Struggle of Homeownership: Income Stagnation vs. Rising Costs
Oh, the tug-of-war between home values and wages! 🏠💸 It's like watching a seesaw that just won't balance.
Flashback to the 2000s. 🕰️ That gorgeous house priced at 350k today? You could've snagged it for a cool 80 grand. Just like that. 💰✨ But let's not romanticize the past too much.
Here’s the real gut punch: Wages. 💔📉 While houses seem to have sipped on some financial growth potion, our paychecks? Not so much. They've been staggering, trying to catch up, but always falling a tad short.
We crunch numbers, we analyze, we speculate. 📊📈 But strip down the data, and the truth stares back: The growth in job wages is nowhere near the spike in...well, everything else.
What's a dollar's worth today? 🤷♂️ Sadly, it's lost the muscle it had decades ago. Every era has its challenges, but comparing the purchasing prowess of today's buck to that from 20, 30, 40, or 50 years ago? It's a sobering reality check.
#WageWoes #HomeValueHike #DollarDilemma #EconomicEvolution
Start Your Home Search Today!
CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale
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Navigating the Economic Maze: Unpacking Wage Stagnation, Housing Market Shifts, and Inflation
Navigating the Economic Maze: Unpacking Wage Stagnation, Housing Market Shifts, and Inflation
Dive into the intricate dance between wage stagnation, the evolving housing market, and the grip of inflation in today's economy. Our discussion traverses the landscape of dwindling wage growth amidst rising living costs, shedding light on how it impacts the younger generation's ability to own homes. The housing market is not left unscathed; we unravel emerging trends, price cuts by builders, and the surge in foreclosure starts. The journey doesn't end here; the specter of inflation looms large, distorting the financial reality for many. As we dissect these crucial topics, we aim to provide a clearer understanding of the economic maze we find ourselves in, and how these intertwined issues resonate in the lives of individuals and the broader societal tapestry. Join us for an enlightening conversation that navigates through the heart of these economic challenges. Don't forget to like, share, and subscribe for more in-depth discussions!
DID YOU ENJOY? SUBSCRIBE HERE: https://bit.ly/orlbuzz
Chapters:
00:00 Introduction
00:51 Rough week for mortgage industry
01:49 10 year T Chart
04:29 Purchase volume crash
10:34 Joe is getting old
13:30 Living Paycheck to paycheck
15:45 UAW Strike
19:10 Builders cutting cost
21:48 Fed Watch
23:28 Orlando Market Numbers
Need Help Buying or Selling Real Estate In Florida?
Email us with questions and your contact information
Joseph Dionne
Joe@AppliHL.com
Managing Partner
Appli Home Loans
www.applihl.com
Brenden Rendo
brenden@homesinorlando.forsale
The Homes In Orlando Team
NextHome Neighborhood Realty
www.HomesInOrlando.ForSale
*Follow Brenden*
Instagram: Brenden Rendo (@homesinorlandoforsale) • Instagram photos and videos
Facebook: https://www.facebook.com/Brenden.Rendo.Realtor
LinkedIn: https://www.linkedin.com/in/homesinorlandoforsale/
Disclosure: Brenden Rendo is a real estate agent. He is NOT an attorney, accountant or financial planner or any other type of licensed professional. Always seek out the appropriate professionals in your area for the advice needed regarding taxes, law, construction and finance. Florida Real Estate Broker Lic# SL3263309.
debt ceiling, real estate market, debt deal, interest rates, property values, homeownership, economic climate, real estate investor, analysis, inflation
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Student Loan Payments Threaten Housing Market #housingmarket
Student Loan Payments Threaten Housing Market!
Oh, the impending storm of student loans! ⛈️📚 Brace yourselves, because, starting Monday, the sky's gonna rain down payments of a whopping $502 a month! 💸🗓️ Sure, Sunday's a reprieve—a day to breathe, sip your coffee, and maybe even pretend it's all a bad dream. ☕🌞
But come Monday? Reality checks in, my friends. 💼🔔 With these fresh burdens, a swathe of potential buyers will likely be edged out of the market. 🏠❌
The big question: How will the landscape shift? It's not just about loans; it's about dreams, aspirations, and the hope of owning a place to call home. 🌆❤️
#StudentLoanStorm #MarketShift #DreamsOnPause #RealityChecksIn
Start Your Home Search Today!
CALL DIRECT: 407-710-8720
www.HomesInOrlando.ForSale