Mortgage Rates DOUBLE in ONE Year Home Sales are FALLING

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Raw Real Estate w/ Michael Bordenaro

Michael Bordenaro

23 episodes

2 days ago

Having been in the real estate business since the last housing market crash in 2008, I have the experience and wisdom of the past to help you make the best real estate decisions in the future. Most real estate agents are afraid to tell you like it is, out of fear of losing business. That's where I come in to give you the RAW REAL estate facts of the current housing market trends so you can make the best housing decisions for YOU. I record my podcasts outdoors, and these audio tracks come from my YouTube videos and channel which can be found here https://www.youtube.com/c/MichaelBordenaro.

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Mortgage Rates DOUBLE in ONE Year Home Sales are FALLING

Raw Real Estate w/ Michael Bordenaro

24 minutes 14 seconds

3 years ago

Mortgage Rates DOUBLE in ONE Year Home Sales are FALLING

When you think about mortgage interest rates doubling in just 1 year, that doesn't sound like a "normal" housing market. Thats because it isn't. These higher rates would be no big deal except 1 problem, housing prices are sky high and now because of that home sales, demand to buy homes and mortgage applications are all falling because people cannot afford homes at these prices and rates. We know rates will continue to go up for the foreseeable future. So the only way homes gets sold, is if prices come down. I offer 1 on 1 calls, book one if you'd like! https://michaelbordenaro.com/book-service/====== My Filming and Editing Equipment https://michaelbordenaro.com/my-youtube-gear/====== Sign Up for My Email list and Get Weekly Video Updates in Your Inbox! https://bit.ly/MBreminders Articles Mentioned in the Video https://www.floridarealtors.org/news-media/news-articles/2022/07/s-fla-housing-sales-drop-inventory-grows?utm_campaign=7-22-22+Florida+Realtors+News&utm_source=iPost&utm_medium=email https://www.floridarealtors.org/news-media/news-articles/2022/07/mortgage-rates-edge-554?utm_campaign=7-22-22+Florida+Realtors+News&utm_source=iPost&utm_medium=email https://apple.news/A3y2GfGe4Q--zYdUrXfBCRw https://apple.news/AtWc342tBQeqihy4d32aliw https://apple.news/ASvnf4ODNT6i3LQq2GpZ7DA FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on sales you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support me and my channel! :)