September home sales fell to 10-year low – a new sign that red-hot inflation may be putting a chill over the economy. As the Federal Reserve aggressively hikes rates, some families are now priced out of their dream homes.
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#Homes #Homebuying #News
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this news reporter has no idea what he is talking about. it isnt higher rates! IT IS GREEDY SELLERS. and homes being appraised for double what they were worth 3 years ago
Joe has run the whole bus into the ditch.
Time to take the keys away in November… Vote
Nooooo my 2 houses are losing value
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects People's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this economy. The fin market;s have underperformed the U. S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfolio of $250k is down to $192k any recommendations to scale up my returns during this crash will be highly appreciated.
Why are you buying from them.
Inflation should be called what it actually is corporate greed. Shortage of supply? And yet Kroger has 26 billion dollars to buy albertsons. Gas prices going up? Well OPEC+ is just cutting production to raise prices. And exxonmobil is free to export our oil to the highest bidder. Get it? The media is lying to you.
#Housing is a #humanright not an investment.
Ask the people of SW Florida and their representative Donald Byrons. Housing is not an investment and should not be used to hurt poor people and those who need shelter.
Thank God for Habitat for Humanity and other nonprofits that live out this moral vision of housing as a universal right and not a "flipper's paradise".
Where is the Big Guy?
this cannot be described as RECESSION $ pumps worked FINE when Fed Reserve ILLEGALLY TOPPED OFF the RICH in 2019-21 Now pumps don't work (vandals took the handles)
And it's about to get even worse if you vote for a Republican in November your voting for a worse recession
LOL, the housing market is the last to get hit but now the ugly of this incompetent admin will bite hard. Elastic commodities as in fuel, food and goods in general take the hit first. Bankers are not going to pre approve jack in these times now, theyve already done it enough and.cant in good conscious no longer cover their losses. This admin is a Fn joke!!!!
Home sales are crashing. Car sales are crashing. Yet the Fed is hiking interest rates so fast they don't even know how the previous hikes are affecting the economy before they do it again. Something is fishy at the Fed.
Part of the reason for Tight supply of homes also due to purchases by investors during the pandemic and the federal reserve easy money policy. Now these homes being rented out to folks by investors.
The enemy is within. Soon a one world economy, health, goverenment, also one world religion (Islam, believe or it's your head) will emerge. You must take a number 4 your food, your gas, freedom to speak, gun, money,everything. Here's the answer. God so loved the world He gave His son Jesus that whoever believes will have everlasting life. John 3:16 Please repent/believe before the rapture, think about it dont be left behind. Love Ya
Buying a home is about timing & knowing the market. You're competing against house flippers that watch the market like hawks. You have to be ready to play on their level so you recognize a deal & have an idea of what a winning bid looks like.
Homes are now selling for $100k more in my area than they were 4-7 years ago. More than double.
Two of my new neighbors absolutely overpaid for their homes by a lot & it'll cost them probably $200k more over the life of the loan for that mistake.
Yea people are broke and interest rates are high what did they expect.
7% on a over inflated home? You would have to be brain dead to buy right now.
I'm done sitting tight for the award advance since i acquire$23,000 every 12 days of my investment….❤
Biden, Putin and Trudeau need to go!
Don’t be stupid who is going to buy a house when the interest rates went up from like 2% to 6%
Blame the president and his policies
No one is talking about Cause due to pandemic, the way it was handled. Market grashed during pandemic. Gas price not only in US but all over the world due to war in Ukraine. It's not anything democrats did.
We all need the same stock broker as the Pelosis.
Blackwater bought up MILLIONS of homes to flip/rent. Big investors and corporations are to blame for families getting priced out of the housing market.
The value of Hunter's artwork is going up. The ukrainians can't buy enough
PUTIN'S INFLATION PUTIN'S LAPTOP PUTIN'S FENTANYL INVASION PUTIN'S RECESSION PUTIN'S OPEN BORDER PUTIN'S BABY FORMULA SHORTAGE
Not if your living in California there selling fast feds are a joke out here
Equities have already crashed now its time for homes to crash