Category: Market Updates
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Debunking 2023 Housing Market Myths
Worried about how a recession will impact the housing market? Constantly changing headlines and predictions make the 2023 housing market extremely challenging to navigate. Unfortunately, the number of misconceptions about buying, selling and owning a home has never been higher. According to a recent survey by Fannie Mae, 82% of people believe it’s a bad time to…
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Friday Market Update: August 18th 2023
Is the U.S. Experiencing Recession Like Conditions? Happy Friday, Brian Manning here with the weekly update! Let’s get right to it. Let’s see. So Monday this week was a relatively quiet newsday, not a lot to talk about there. Tuesday, we got retail sales, retail sales were for the month of July, they came back…
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Friday Market Update: August 11th 2023
Inflation is Moving in the Right Direction! Happy Friday! Brian Manning with the weekly update. Let’s get right to it. In this week’s update we’re discussing how inflation is reporting better than we expected. This is helping mortgage rates, but how? Let’s dive into it. I’m Brian Manning, your Senior Mortgage Advisor, & I’m here…
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Friday Market Update: July 21st 2023
Is The Housing Recession Behind Us? Happy Friday! Brian Manning with the weekly update. Let’s get right to it. So, Monday this week, we had Redfin put out an article. This is talking about the month of June and home inventory said inventory was down 15% on a year-over-year basis. We’re feeling that in most…
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Friday Market Update: July 14th 2023
Inflation Moves Lower & So Do Mortgage Rates! Happy Friday! Brian Manning here with the weekly update. Let’s get right to it. So, Monday this week was a relatively quiet news day, because we knew we had some big inflation data coming out. So, really all eyes were just waiting on the inflation data. Tuesday…
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Friday Market Update: July 7th 2023
Home Values Are Still Holding Strong! Happy Friday! Brian Manning here with the weekly update. Let’s get right to it. So… Monday this week really was a relatively quiet news day because we had the Fourth on Tuesday, so markets closed early on Monday. A lot of people took time off of work, so really…
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Friday Market Update: June 30th 2023
Home Values Are Still Holding Strong! Happy Friday! Brian Manning here with the weekly update. Let’s get right to it. So… Monday, we got a lot of negative publicity about the median home sales price. I just want to talk about this because this is not home appreciation. I just want to walk through, like,…
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Friday Market Update: June 23rd 2023
Existing Homes Sales are on the Rise! Happy Friday! Brian Manning here with the weekly update. Let’s get right to it. First of all, I have to say, I’m so stoked for summer. I love summer. You know, I’m from Florida. I’m just a flip flops and bathing suit kind of guy, and… couldn’t be…
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Friday Market Update: June 16th 2023
Inflation Moves Lower, What Will the Fed do Next? Happy Friday! Brian Manning here with your weekly update. Let’s get right to it! So, Monday this week was really relatively quiet with everyone just waiting to see what the Federal Reserve is going to do, and they concluded their meeting here on Wednesday, which we’ll…
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Friday Market Update: June 2nd 2023
Will the Fed Skip the Next Rate Hike on June 14th? Happy Friday. Brian Manning here with your weekly update. Let’s get right to it. Monday this week, relatively quiet news day. Actually, no news on Monday. It was Memorial Day. We had an amazing Bolder Boulder party that was super fun. Thanks for everyone…