THE HOUSING MARKET IS STABILIZING! GREAT NEWS!😊
Inflation fell for the 8th straight month, in February, reaching lowest level since September 2021-Remains higher than the Fed’s 2% goal.
Although more jobs were created in Feb. than expected, wage growth came in slightly slower-which helps outlook of reducing inflation.
Retail sales fell in Feb., after surging in Jan.-Suggesting that Consumer Spending is slowing down in face of high inflation.
Single Family Homebuilding & Permits for future construction-rebounded in Feb. offering hope the housing market is stabilizing-AND IT HAS-IN OUR TRI-COUNTY AREA. am happy to provide Stats/Trends for any Neighborhood or Community that you may be interested in…
Homebuilder confidence also improved for the 3rd straight month-despite high construction costs.
Purchase App.’s rose 7% last week-We may see a bigger increase this next week-With the recent rate drop.
I just love this Quote for the week! 😊
Ambition is the path to success, Persistence is the vehicle You arrive in.”
Isn’t that great!
Have a fantastic Day!!
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