Home sales volume movement impacts tomorrow’s home prices.
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Home sales volume movement impacts tomorrow’s home prices.
Buyer Purchasing Power Index (BPPI) rises with falling interest rates; Home sales volume succumbs to economic pressure; Home prices continue to defy gravity
While the number of households continues to grow, the rise is mostly thanks to renters.
Jobs lost puts a face on the 2020 recession; Stock market highs and lows as mostly momentum, not data based; Real estate investments are tangible and location counts — just not in 2020
30-year fixed rate mortgage (FRM) rates hit historic low; For-sale inventory drops; Home sales volume set to fall
The average ARM rate has fallen back in 2020.
Home prices are propped up by low interest rates, for now; Saving opportunities narrow in California; Personal bankruptcies set to rise
California’s Buyer Purchasing Power Index (BPPI) was +8.9 in Q1 2020.
Negative yield spread forecasts 2020 recession; FRM rates hit record lows; Refinances to continue their rise