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The Real Estate News Brief - Homebuilder Confidence, Spring-Home Buying Season, Homebuyer Superstitions
Manage episode 288047948 series 1248803
By Kathy Fettke and Real Estate Investing with Kathy Fettke - RealWealth Network. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
In this Real Estate News Brief for the week ending March 20th, 2021... why homebuilder confidence took a dip, why we won’t have a spring home-buying season, and superstitions that discourage homebuyers. We begin with economic news from this past week, and new assurances from the Federal Reserve about economic growth and inflation. While Fed officials expect to see a GDP OF 6.5% this year and inflation slightly higher than 2%, they have no plans to raise interest rates in 2021. www.NewsForInvestors.com Links: 1 - https://www.marketwatch.com/story/fed-sees-no-rate-hikes-through-2023-despite-some-inflation-overshoot-11616004261?mod=MW_article_top_stories 2 - https://www.marketwatch.com/story/unemployment-claims-jump-to-one-month-high-of-770-000-as-texas-applications-surge-11616071511?mod=economy-politics 3 - https://www.marketwatch.com/story/new-home-construction-falters-due-to-februarys-winter-storms-but-support-for-a-home-building-frenzy-remains-11615985107?mod=economic-report 4 - https://www.marketwatch.com/story/home-builder-confidence-dips-to-lowest-level-since-august-as-concerns-grow-about-rising-material-costs-and-higher-interest-rates-11615903279?mod=economic-report 5 - http://www.freddiemac.com/pmms/ 6 - https://magazine.realtor/daily-news/2021/03/16/buyers-rush-to-lock-in-low-interest-rates 7 - https://magazine.realtor/daily-news/2021/03/15/survey-60-of-households-priced-out-of-new-home-market 8 - https://www.cnbc.com/2021/03/17/irs-pushes-april-15-us-tax-deadline-to-may-17.html 9 - https://www.lendingtree.com/home/mortgage/homebuying-luck-survey/