There is a ton of noise in the housing market right now but is the noise a cheer or a boo? In recent months there has been a positive movement in housing inventory. In other words, more homes are for sale. In addition, mortgage rates have made some upward movement - yes, mortgage rates are higher today than they have been in the recent past. But is higher home loan rates a bad thing? Is more homes for sale a bad thing? Your host, Kevin Martini with the Martini Mortgage Group at Benchmark Mortgage will share his thoughts in the 41st episode of the Martini Mortgage Podcast.
Kevin Martini is not just the host of the Martini Mortgage Podcast he is also the Branch Manager and Senior Mortgage Strategist of the Martini Mortgage Group at Benchmark Mortgage which is located at 5650 Six Forks Road, Suite 101 Raleigh, NC 27609 and he helps families not just in Raleigh but all over the Triangle of North Carolina and all over the great state of North Carolina (i.e from the mountains to the coast).
Fannie Mae, Mortgage Bankers Association and the National Association of Realtors have released their 2019 predication. Fannie Mae and the Mortgage Bankers Association see in increase in existing home sales in 2019 as compared to 2018. The National Association of Realtors believer the existing home sales will be at the same level they were in 2018 for 2019.
(NOTE: at time of publication the Freddie Max data was not available)
The video edition along with some of the data that was shared on the 41s episode of the Martini Mortgage Podcast is available on out blog:
In addition the video only edition is available on YouTube: www.MartiniTV.com
Confirmation that the housing market is green and growing and that the noise is sweet music is the Home Price Expectation Survey. In addition, data from the Federal Housing and Finance Agency shows a glass half-full.
If you have questions about what you hear (or see) then please reach out to Kevin Martini at (919) 238-4934.
Kevin Martini | NMLS ID 143962 | Branch Manager | Martini Mortgage Group at Benchmark Mortgage | Ark-La-Tex Financial Services, LLC NMLS ID 2143 | 5650 Six Fork Road, Suite 101, Raleigh, NC 27608 | (919) 238-4934 | www.KevinMartini.com | Kevin@KevinMartini.com | Equal Housing Opportunity