No More Existential Crisis for Existing Homes Sales? February Report Is IN!

Mortgage, Markets, and More

29-03-2024 • 18 mins

🎉🏠💹 Hey there! It's your favorite voice of real estate, and I've just cooked up a STELLAR new episode that's hotter than a housing market in July! "Mortgage, Markets, and More" invites YOU to tune in to our LATEST gem: "No More Existential Crisis for Existing Homes Sales? February Report Is IN!" 🚀🏡📊

🤯📈 I’ve pulled out the magnifying glass to scrutinize February's existing home sales data, and let me tell you, the numbers are bursting with stories untold! We're looking at a phenomenal 4.38 million units SOLD—and that's just the start! 🌟 My deep dive reveals a tantalizing median price hike to $388,700 for single-family homes, and I'm buzzing with all the details! 💰👀

🏙️ Condos and co-ops have their moment too, lighting up the scoreboard with around 410,000 units taking the stage. And oh, the prices—matching pace with the homes! 🌆 Regions across our great nation—the West, South, and Midwest—are dancing to an upbeat tune, with sales numbers hitting high notes! 🌍📊

🏁 Hold up! Before you hit that pause button on your homebuying journey, I've got a strategy session just for you. Sitting on the fence could see you forfeiting up to 8% in property value gains over the next year. Trust me, I've got the lowdown! 😱🚫🏃

🏦 I dissect the inventory dynamics, showcasing a robust 2.9 months' supply that you won't want to miss. And the grand finale? Average mortgage rates are playing hard to get, with a suspenseful 6.74% average to think over! 🤑📉

💌 Eager for homebuying hacks or just thirsty for knowledge on where the market’s headed? Hit me up! With my insider tools and hard-earned insights, I’m here to help you chart a course to your future home victories! 🚀🔑

👉🎧 So why wait? Join ME on "Mortgage, Markets, and More" for an episode that’s packed to the rafters with unbeatable content that'll push you through the property playing field like you own it! Share with your fellow home enthusiasts and reach out with your burning questions! 🎤📲

#RealEstateRevelations #HomeSalesScoop #FutureFinanceForecast #MortgageMarketsMastermind #FebruaryFigures #PropertyPurchasePower #MarketMomentumMania 🎙️🌟💬

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Peter D'Angelo | NMLS: 885309 | Branch Manager | Guaranteed Rate, Inc., NMLS 2611
Peter.DAngelo@Rate.com

*All information, topics, discussion is my own personal opinion and insight, not reflective of Guaranteed Rate, Inc. May contain market information for informational purposes only, not to be used as financial advice.