Market Perspective for the Housing Market

By
Real Estate Agent with Coldwell Banker Realty

 
A Nice Treat for Homebuyers: Summer Competition EasesMortgage rates are down nearly a full percentage point since this time last year.
 
And Lower Interest Rates Are the Cherry on Top
 
Mortgage rates are down nearly a full percentage point since this time last year.
 
Here's the Scoop
 
Scoop of ice cream.
 
Hispanics Are Becoming Homeowners Faster Than Any Other Ethnic Group
 
Accounted for 63% of new homeownership
New Home Sales: 646,000[6], Existing Home Sales: 5.27 million[7]
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Comments (2)

Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Tim - it certainly is a different picture.  Although, it surprises me that San Jose is least competitive.

Aug 09, 2019 07:49 AM
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, ABR,CNE,CRS,ePro,PSA,RENE,SRS

Thank you for keeping us posted and up to date. Have a great weekend!

Aug 09, 2019 09:30 AM

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