Mortgage Market Update - Home Sales, Home Prices, and Continuing Unemployment - 1/2/2024
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Mortgage Market Update - Home Sales, Home Prices, and Continuing Unemployment - 1/2/2024
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Hey everyone, it's Larry Bailey. This is for the Week of December 25, 2023, in Review:
After the markets were closed Monday for Christmas, the latest housing reports showed there’s broad-based home price appreciation around the country while sales are expected to pick up this year. Here are the highlights:
- Home Sales “Will Improve in 2024”
- Home Prices Continue Higher
- Continuing Unemployment Claims Near 2-year High
00:00 Introduction
01:13 Platform Support
01:47 Pending Home Sales
03:05 Lockbox Openings
03:26 Affordability and Lower Rates
05:27 Home Prices
08:33 Continuing Unemployment Claims
09:19 National Soup Month
10:40 What to Look for This Week
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