Both New and Existing Home Sales came in lower than expected this week. Taken together with last week’s big drop in residential construction numbers, this raises obvious questions about the housing market. How much should you worry?
Source: Kevin Litwicki Universal Lending
Putting Home Sales Slowdown in Perspective
Should We Worry About a Housing Slowdown?
A monthly report on new residential construction came out this week, showing a big drop in housing starts (the groundbreaking phase following a building permit). Should we worry about a slowdown in home sales?
Source: Kevin Litwicki Universal Lending
Should We Worry About a Housing Slowdown?
Lowest Rates Since May, But There's a Catch
Rates ended the week at the best levels since late May. That sounds pretty great, right?! Unfortunately, there’s a fairly big catch.
Source: Kevin Litwicki Universal Lending
Lowest Rates Since May, But There's a Catch
Don't be Fooled by Trade War News
This week’s most prominent news was the so-called “official” beginning of the trade war between the U.S. and China. For something so official, it left much to be desired in terms of market movement. Let’s sort out what’s real, what’s not, and where our focus should be.
Source: Kevin Litwicki Universal Lending
Don't be Fooled by Trade War News