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Existing Home Sales Update - August 2024
🚨 August's Home Sales Data Breakdown! 🚨
In this special midweek episode, Peter D'Angelo dives deep into the August 2024 existing home sales report 🏠📊. With sales down 2.5% from July and 4.2% year-over-year, the market is showing some signs of contraction. Regionally, the Northeast remains stable while the South and Midwest are seeing sharper declines in activity. Curious about median home prices? Prices are climbing, with the Northeast leading at a whopping 7.7% year-over-year increase! 💸
Plus, Peter explores inventory growth (up 27.3% from last year!) and the impact of rising interest rates on buyer competition. Get the latest insights to stay ahead in this ever-evolving market! 🔥
#RealEstate #HomeSales #MarketUpdate #InventoryGrowth #MortgageRates #HousingMarket
Watch this episode on Youtube!
Interested in getting Pre-Approved? Submit your Pre-Approval inquiry here!
Interested in your Refinance options? Submit your Refinance inquiry here!
Follow me on:
- YouTube
Peter D'Angelo | NMLS: 885309 | Branch Manager | Guaranteed Rate, Inc., NMLS 2611
[email protected]
*All information, topics, discussion is my own personal opinion and insight, not reflective of Guaranteed Rate, Inc. May contain market information for informational purposes only, not to be used as financial advice.
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By Pete D'Angelo🚨 August's Home Sales Data Breakdown! 🚨
In this special midweek episode, Peter D'Angelo dives deep into the August 2024 existing home sales report 🏠📊. With sales down 2.5% from July and 4.2% year-over-year, the market is showing some signs of contraction. Regionally, the Northeast remains stable while the South and Midwest are seeing sharper declines in activity. Curious about median home prices? Prices are climbing, with the Northeast leading at a whopping 7.7% year-over-year increase! 💸
Plus, Peter explores inventory growth (up 27.3% from last year!) and the impact of rising interest rates on buyer competition. Get the latest insights to stay ahead in this ever-evolving market! 🔥
#RealEstate #HomeSales #MarketUpdate #InventoryGrowth #MortgageRates #HousingMarket
Watch this episode on Youtube!
Interested in getting Pre-Approved? Submit your Pre-Approval inquiry here!
Interested in your Refinance options? Submit your Refinance inquiry here!
Follow me on:
- YouTube
Peter D'Angelo | NMLS: 885309 | Branch Manager | Guaranteed Rate, Inc., NMLS 2611
[email protected]
*All information, topics, discussion is my own personal opinion and insight, not reflective of Guaranteed Rate, Inc. May contain market information for informational purposes only, not to be used as financial advice.