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The Interest Rate Plot Twist | 1-Minute Market Update w/ Martin Perdomo
Manage episode 423584530 series 2798833
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Can skyrocketing home prices and climbing interest rates really bring more opportunities to aspiring homeowners? Join us as we grapple with the latest housing market figures, including a striking 9% rise in mortgage applications and a new all-time high median home price of $393,627. Discover how increased listings and rapid sales are reshaping the landscape for buyers and sellers alike. We decode these trends to help you understand what they mean for you.
This episode also takes a hard look at the broader economic environment, focusing on the recent surge in the Consumer Price Index and what it means for your wallet. With inflation pressures mounting from higher energy prices and supply chain issues, we'll explore practical financial strategies to navigate these challenges. Plus, we speculate on the potential impact of a predicted Fed rate cut in September and its implications for real estate affordability. Tune in to find out whether now is the optimal time to buy a home, even with high interest rates on the table.
This episode is brought to you by Premier Ridge Capital.
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This episode is brought to you by Premier Ridge Capital.
Build Generational Wealth As A Passive Investor In Multifamily Real Estate Syndication!
Visit www.premierridgecapital.com to find out more.
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