Consumer Confidence Sinks as Housing Inventory Grows
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概要
Welcome back to Real Estate Jerky Daily with Ed Parcaut and Mike Kelly.
In this episode, Ed and Mike break down the latest housing and economic numbers, including a miss in existing home sales, another increase in inventory, and a record-low consumer confidence reading.
Topics covered in this episode:
Existing home sales came in below expectations
National inventory moved higher again
Median home price hit a record for March
First-time buyer, investor, and cash-buyer activity
Why the market still feels uncertain even with more listings
Bond market movement and mortgage rate pressure
University of Michigan consumer confidence drops to a record low
Economic reports still ahead this week, including PPI, ADP, jobless claims, and pending home sales
Real Estate Jerky Daily is publicly described as a weekday show where Ed Parcaut and Mike Kelly bring expert advice, insider knowledge, and market analysis on real estate and mortgages.
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