Mortgage rates react to continued inflation
Feb 18, 2024 1:30 pm
Hi there,
Here's my weekly update for February 17th, 2024...
๐ฅ Commercial Real Estate Alert: $929 Billion Due in 2024 | #commercialrealestate
๐ข๐ก Commercial Real Estate Alert: $929 Billion Due in 2024 ๐จ๐ฐ
The commercial real estate sector faces a looming challenge: a sharp increase in financial obligations.
From an expected $659 billion, the amount due in 2024 has surged to $929 billion, marking a significant escalation in the sector's financial commitments ๐๐บ....
๐ฅ CPI Causes Treasury Tumult: The 10-Year Yield's Swift Response | #housingmarket
๐๐ฆ CPI Causes Treasury Tumult: The 10-Year Yield's Swift Response ๐๐
When economic reports drop, the 10-year Treasury yield listens - and its reaction?
Typically, not what we'd hope for....
๐๐ก Economic Update: CPI, Retail Sales, and CRE Bubble Warnings ๐จ๐ธ
Recent days have brought a flurry of significant economic news:
1. **Consumer Price Index (CPI)**: A recent report delivered a sting, hinting at inflationary pressures.
Joe, that one caught your attention, didn't it?
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2. **Retail Sales Rebound**: Despite the CPI shock, the market is showing resilience with a decent rebound, marked by a 20+ basis points uptick following positive retail sales news ๐๏ธ๐.
3. **Commercial Real Estate (CRE) Concerns**: Voices are rising about a potential bubble in the CRE sector, adding another layer of intrigue to the economic landscape ๐ข๐ฎ....
๐ฅ Inflation Alert & Real Estate's Rough Waters: What's Next?
๐ **Live Discussion: Untangling Economic Signals & Real Estate Warnings** ๐
As the economic indicators flash red, today's live broadcast zeroes in on the crucial data points and emerging crises shaping our financial landscape.
With the Consumer Price Index (CPI) surpassing expectations and alarms sounding over an impending commercial real estate crisis, understanding the depth and breadth of these issues is paramount.
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๐ **Key Topics We'll Cover:**
- **CPI's Unexpected Jump:** Dive into the latest CPI figures and what they mean for inflation, consumer spending, and monetary policy....
๐ฅ Longwood Florida | 32779 Zip Code | Housing Market Update | January 2024 | #orlandorealestate
๐ก๐ Attention Longwood Buyers and Sellers!
๐๐ก
๐ Hey there, it's Brenden Rendo, your trusted REALTORยฎ at NextHome Neighborhood Realty.
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๐๏ธ Let's kick off the year 2024 with an exciting update on the local real estate market in Longwood, FL 32779!
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๐ Did you know that currently, there are only 2.65 Months Supply of Inventory?
๐ But wait, there's more!
Over the last 12 months, Months Supply of Inventory has increased by a remarkable +128.45%!
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๐ฐ Sellers, this means it's your time to shine!
With a List to Sold Price percentage of 97.3%, you have a fantastic chance to maximize your investment and secure a great deal.
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โฐ Buyers, don't wait too long!...
๐ก๐ Exciting real estate update from Brenden Rendo, REALTORยฎ at NextHome Neighborhood Realty!
๐ It's January 2024 and Altamonte Springs, FL 32714 is buzzing with activity!
Here's what you need to know:
๐ Did you know that there is currently a low 2.14 months supply of inventory in our market?
This means that homes are selling fast, making it a great time to consider selling or buying!
๐ Over the last 12 months, the Months Supply of Inventory has increased by an impressive 41.72%!...
๐ฅ Departure Alert: NY Community Bank's Risk Chief Exits Before Q4 Losses | #housingmarket
๐ฆ๐จ Departure Alert: NY Community Bank's Risk Chief Exits Before Q4 Losses ๐โ๏ธ
In a move that raised eyebrows, the Risk Chief of New York Community Bank exited just a month before the bank reported significant Q4 losses.
The role of a Risk Chief?...
Enjoy,
Brenden Rendo (The Homes In Orlando Team)
