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