Other shoe drops? New home sales just did what?

In this episode, John Schink of Deerwood Realty takes a deep dive into the recent CNN report highlighting the significant drop in new home sales in October due to soaring mortgage rates. We'll explore what this means for the housing market, potential buyers, and the overall economy. Join us as we analyze the current trends, forecast future market movements, and provide insights for both buyers and sellers navigating these challenging times.

#RealEstateTrends #HousingMarket2023 #MortgageRatesImpact

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https://www.cnn.com/2023/11/27/business/new-home-sales-drop-in-october-amid-higher-mortgage-rates/index.html

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