Home Sweet Home? More Like Home Sweat Home!

As prices simmer down to a pre-pandemic sizzle, buyers' wallets are still feeling the burn.                                                                                                                                                                                                                                                                                                                                                                                                                 May 30, 2024 | [Read Online]( In partnership with Welcome to the Real Estate Rundown! Hey there, home enthusiasts and market mavens! It's time for your daily dose of domicile data with a side of sass. Let's dive into the housing hustle without the hassle. TRANSITION Home Prices Back to Pre-Pandemic Growth, But Affordability Remains a Struggle [3-minute read]( Key Points: - Déjà Vu Dollars: Home prices are inching up by 0.6% monthly, a nostalgic nod to pre-COVID times. - Sales Slump: The number of homes sold is taking a nap, thanks to mortgage rates cozying up above 6%. - Rate Retreat: Mortgage rates might just take a chill pill this year, giving us all a breather. - Inventory Inch-Up: More homes are tiptoeing onto the market, but it's like a drop in the ocean. Deep Dive: In the tango of buying and selling, we're all stepping on each other's toes. Sellers are side-eyeing the offers, while buyers are wincing at the prices. But hold onto your hard hats, folks – the Fed might just be our knight in shining armor, potentially dialing down those daunting rates. Why it Matters: Whether you're window-shopping or signing deeds, this market mambo affects your moves. If you're playing the field, keep your eyes peeled for rate dips. Sellers, maybe it's time to get real about those asking prices. Want the full story on how this housing hoedown could shake up your living situation? [Click Here]( for the nitty-gritty details and don't miss a beat. That's all from the real estate realm today. Keep your foundations firm and your spirits high – and remember, the best investment on Earth is... well, Earth. Check out How RetainIQ is Empowering Innovative DTC Brands to Create Magic We’ve partnered with RetainIQ to supercharge your email marketing! Schedule a free email audit with them and unlock epic growth opportunities through personalization! Schedule an audit today and receive: - Live eMail Audit - Industry benchmarking of core KPIs - Audience engagement analysis - Current issues & areas of improvement (with visual examples) [Get a free email audit now!]( Until next time, The Real Estate Investing News Don't forget to fluff those cushions and dream big – whether it's a cozy condo or a sprawling estate, your perfect place is out there! Must-Watch [[Riding the Real Estate Rollercoaster: Insights from CoStar's CEO]( 🎬]( [[The Looming Office Space - Is Shortage on the Horizon?]( 🎬]( Ready to turn your real estate dreams into reality? [Sign Up]( for our newsletter for more insider tips and expert advice on funding your investment journey! 🏠[tw]( [yt]( Update your email preferences or unsubscribe [here]( © 2024 REAL ESTATE INVESTING NEWS 228 Park Ave S, #29976, New York, New York 10003, United States [[beehiiv logo]Powered by beehiiv](