The Monday Show

We got some good and bad news for millennials.  The bad news is the hot housing market is pricing many first-time homeowners out of the market, but the good news is they are about to be the recipient of the largest transfer of wealth in U.S. history.  And speaking of good news, the June jobs report beat expectations with 850,000 jobs.

DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

Home price appreciation hits an all-time high, Kevin Erdmann at Barron's explains why the housing market is not going to collapse, and consumer confidence reaches pre-pandemic levels.

- Home Price Growth Hits All-Time High

- Is The Housing Market About To Crash?

- Consumer Confidence Up in June

DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

The craziness in the housing market is about to transition to the rental market, the Fed discusses MBS purchases, and loans in forbearance fall for the 16th week in a row.

DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

Spending & income see little movement in May but inflation jumps up big, the moratorium eviction is killing small landlords, and lumber prices may have hit bottom.

DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

Housing affordability drops in Q2 2020 thanks to skyrocketing home prices, Jobless claims fall slightly for the week, and it was a busy day for the admin as they announce support an infrastructure deal and extend the eviction moratorium.

DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

Home prices hit record highs as existing-home sales fall for the fourth straight month, homeowners are listing their homes at ridiculous prices to dare homebuyers to make them move out, and Blackstone is the latest investment firm to get in the real estate game.

DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

Lumber prices fall giving hope that inflation might be transitory, housing inventory increases which could be a sign the housing market is cooling, and now that forclosure armageddon has faded policymakers need to focus on the eviction crisis

DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

BlackRock is not the problem affordable housing advocates want you to think it is, developers get creative in a post-pandemic world, and down payments matter in a seller's market.

DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

Housing inventory now has a deficit of 5.5 million homes, Housing starts increase slightly, and mortgage demand increases for the week

DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201

Inflation fears continue with the release of the latest PPI data, Consumer spending falls in May, Homebuilder confidence falls in June, and rich neighborhoods are missing out on the housing boom

DISCLAIMER: TowneBank Mortgage, NMLS #512138, is an equal housing lender. This podcast is for informational purposes only. Hosted by Tyler Cralle #2028201