by Anthony | Mar 20, 2023 | Uncategorized
Jobless claims ticked up to 211,000, up 21,000 Unemployment stands at 3.6% Net jobs added: 311,000 Hourly earnings increased by 4.6% Y/Y The Fed is expected to raise rates in March Mortgage rates ticked up to 6.73% The housing shortage remains in the...
by Anthony | Mar 17, 2023 | Uncategorized
Guess which state is number one for jobs? No, it’s not New York! It’s Florida. According to the Bureau of Labor Statistics, Florida closed out 2022 with 9,578,500 non-farming jobs, beating out New York State, which had just 9,576,100 jobs. This is the very...
by Anthony | Mar 16, 2023 | Uncategorized
Redfin reported that for December, 2022, the number of homes for sale fell 14.1% to 25,534 from 2021. While the number of newly listed homes was 4,272, down 29.7% from 2021 with the months of supply remained at 2 months, the same as in 2021. The average price in...
by Anthony | Mar 15, 2023 | Uncategorized
The numbers are confirming that the active inventory of homes for sale is growing even as mortgage rates dip to under 7%. According to the National Association of Realtors, the current trend boasted active listings to above their 2020 level in the same month for the...
by Anthony | Mar 14, 2023 | Uncategorized
â– Inventory of homes for sale grew in February by 67.8% from 2022. â– Days on market grew to 67 days from 23 days on market as reported in 2022. â– Homes for sale or under contract increased by 13.3% as compared...
