How Stressed Are Buyers? A Lot, Finds Survey
Gen Z (81%) and millennials (71%) felt the most stress, in part because many are first-time buyers. The main stress-triggers: Low inventory and rising loan rates.
Foreclosure Activity Closer to Pre-Pandemic Levels
Attom’s midyear report finds foreclosures inching closer to their historically normal level. In Fla., one out of every 527 housing units is in some level of foreclosure.
Q&A: Is Threads the New Twitter for Marketing?
Recent Twitter changes pushed some people away, and 30M have now signed up for Threads, a similar text-share program from Meta. Should Realtors sign up? Maybe.
Good Inflation News: 3% in June and Close to Goal
The Fed’s ideal 2% rate of inflation appears closer. If June isn’t an anomaly, two more interest rate hikes are unlikely and the mortgage market can begin to stabilize.
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