Housing Bubble 2.0 - Mortgage Rates Up - Everything Else Housing Down - The FED Raises Again: 75 bps
Housing Bubble 2.0 - Mortgage Rates Up - Everything Else Housing Down - The FED Raises Again: 75 bps
Recently released statistics from the National Association of Realtors (NAR) indicated that pretty much every aspect of the retail Housing Market did slow down for the Month of August 2022. Sales Volume and Median Sales Price both experienced significant drops. Mortgage Rates topped over 6% for the past week (6.29 % 30 Yr. FRM) and the FED recently raised interest rates 75 bps as a continuation in the efforts to curb inflation. This will not be the last time they raise rates and the Housing Market will further slowdown as the end of the year approaches.
This channel discusses recent articles, data and information about the Housing Bubble, Housing Crash, Home Prices, Forbearance, Foreclosures and Short Sales.
Additionally there is a focus on Mortgage Delinquencies, Mortgage Rates, FHA Loans, Real Estate Investing, and Housing Market Predictions for 2022 and Beyond.
Today is September 22nd 2022 and Randy will discuss the following topics:
Mortgage Rates Up Highest Since 2008
The FED Raises Interest 75bps
Housing Activity Slows Down
Need to See Foreclosure Data ? I have entered into a partnership with the leading provider of distressed property data, Foreclosure.com.
For a Free Trial click on the link below:
https://www.foreclosure.com/?rsp=3325
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Housing Bubble 2.0
@HousingBubble2
I will conduct live Q&A sessions and other Real Estate related discussions.
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Connect with me to find out more about how I can help you in Real Estate.
I offer:
Primary Home Buying in the Greater Tampa Bay Area
Investment Properties & Turn Key Real Estate Investment Program
Off-Market and REO Properties
Real Estate Education Products & Services
Market Research & Consulting
Multi-Family & Other Commercial Assets
Build To Rent & Build To Flip Investments
I can be reached at:
Randy Patrick
Licensed Real Estate Broker
WestBay Real Estate, Inc.
813-833-2045
randy@luxuryshortsales.com
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The free report for the Top 10 Reasons Why We Will Have Another Housing Crash and Housing Crisis can be downloaded at:
If you have any questions, or wish to discuss Housing or Real Estate Investment, You can reach me directly at: randy@luxuryshortsales.com
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