Market Perspective

By
Real Estate Agent with Coldwell Banker Realty

 

 
Surf's Up! And So Is Housing Inventory
65% think it's a good time to buy
  An uptick in listings will provide a much-needed boost to the inventory shortage. Coupled with lower interest rates and a strong job market, these factors make now the perfect time to buy a home.  
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Fed Signals Potential Rate Cut[3]
  Federal Reserve Chair Jerome Powell hinted at a possible cut to the Fed Funds Rate in the near future. Analysts believe it could be as soon as the next Fed meeting on July 31.  

This would mark the first rate cut in nearly 11 years.
More Americans Are Paying their Mortgages on Time
  The U.S. has experienced 16 consecutive months of falling overall delinquency rates, but it has not been a steady decline across all areas of the country. Recent flooding ... could elevate delinquency rates in hard-hit areas, similar to what we see after a hurricane.
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— Frank Martell, President and CEO of CoreLogic
 

Comments (1)

Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Tim,  Great information to get out to buyers and sellers.  Can I reblog this sometime?

Jul 24, 2019 03:02 PM
Tim L. Ramey

Thanks Will.  Yes, please feel free to use any of my blogs.  Have an awesome night! 

Jul 24, 2019 04:39 PM

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