rates fall for the third week in a row. Buyers are on their way. Rates for 30-year mortgages are 6.08% today, compared with 7.31% in the same period last year. - Who would Of Thunk?
Key takeaways Holidays and colder weather typically make the final quarter of the year the quietest time for the housing market. However, experts anticipate an atypical fourth quarter this year, with lower mortgage rates potentially creating more buyer activity than usual. Experts do not expect today’s high home prices to drop in Q4, due to sustained demand and limited inventory.
That’s some impressive research Stoney! Your fundamental analysis is on par with anyone on Elite. Added more TOL and NAIL on KBH and LEN’s drop.
Hey dum-dum.... that July article you found.... that's all well and good... but I made that post on 8/28.... so use that as the peak. WHICH MEANS---- YOU FOREVER CHOWDER BRAIN'd VICTIM OF BUBBLE-EXISTANCE--- you have to look at September... whose numbers won't be out until the end of October. Duh. Lets circle back then. Also, picking select cities as that reference you provided does, well no sh*t Sherlock.... regardless of you being stupid and quoting figures that can be categorized as ancient... housing prices will always increase in certain areas until something big happens. Especially high dollar homes... and once again... IN CERTAIN MARKETS. Have you ever earned a dime using your own wits? I mean for real. -->Inquiring minds. Edit... if you and Big Pete get too deep in that Fire Island home you both inherited.... you never answered my query... https://www.elitetrader.com/et/threads/gba-presents-the-public-games.380376/page-330#post-6023662 I'll give you both a cash offer. Maybe. Probably not. That whole NY thing with the felon Mayor and all.... I'd rather buy a cottage in the 29455 zip code.