Bullish housing reports this week – 3/21/2019

We have 3 new reports this week released by media outlets and the sentiment in all is good for housing. I think CNBC’s reports that mortgage rates have “tanked” is a bit strong, but they do seem to be trending lower and if they continue into the lower 4% range that will bring even more buyer’s into the market. Historically mortgage interest rates have been closer to 6% so these rates are still really good!

I like to check in on the surveys and media reports from these different outlets and when they all start reporting the same thing you at least can get an idea of the psychology of the real estate market, which is a big factor.


Consumers Bullish on Buying as Spring Kicks Off


Fannie Mae: Home sales will stabilize in 2019


Mortgage rates just tanked thanks to the Fed – and they could go even lower


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Author: Joby Slay, MBA

I am a Real Estate Professional with over 18 years of real estate experience in everything from property management, investment, development, mortgage financing, and sales. I earned an MBA with a Concentration in Real Estate Development from Nova Southeastern University finishing in the top of my class with a 3.9 GPA. I'm established as a leading real estate agent in Palm Beach County, consistently ranked in the top 2.5% of agents by number of closed transactions, and often described as a "true professional" by clients and other agents. I understand that for most people buying or selling a home may be the largest single financial transaction in their lifetime and I carefully listen to the client's goals and then assist the client in creating a home buying and selling plan. I then use the education, experience and knowledge I've gained in closing hundreds of transactions to help guide my clients to reaching their home buying or selling goals. If you ever have a real estate question feel free to call me directly at 561.667.4171 and I will be happy to speak with you.

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