Existing home sales down? Recession forecast for next year?... It's a Realtystream. Join Us!

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0:00 Introduction
3:46 Is my phone spying on me?
7:24 Search for a great cheeseburger
15:22 Carvana lays off employees, then buys Auction company
22:14 Mortgage Rates & Calculation of difference in rates
28:46 Luxury homes in Sacramento, California
42:22 Existing Home sales slip?
49:52 2023 Recession looms?
1:09:56 What did we learn today?

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First off: a welcome it’s great to be able to be with you today

“The single most important decision you make is where you live.

It drives your business opportunities, relationships, food and water supply, politics, activities, and day-to-day quality of life.” Naval

Google Trends has us learning about Carvana(100k searches)

30 year fixed mortgage rate came in at 5.40%

We will look at luxury homes in Sacramento, California

A. Existing home sales down?
B. Forecast of recession 2023?

Sources:

https://www.reuters.com/business/autos-transportation/carvana-lay-off-about-2500-employees-2022-05-10/

https://www.nar.realtor/newsroom/existing-home-sales-slip-2-7-in-march

https://www.fanniemae.com/research-and-insights/forecast/inflation-rate-signals-tighter-monetary-policy-and-threatens-soft-landing

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