Are New Homes Cheaper Than Existing Homes? | REJ Daily 661

From Real Estate Jerky Daily · 15:18

Show by Ed Parcaut

TITLE: Are New Homes Cheaper Than Existing Homes? | REJ Daily 661 DESCRIPTION: Ed Parcaut and Mike Kelly look at September new home sales and why a new build may now cost less than an existing home, plus what that means for homebuyers. They also cover Modesto listings, pending and closed sales, consumer confidence, ADP jobs, Case Shiller and FHFA home prices, foreclosure starts on newer loans, the FAIR Plan rate increase, where mortgage rates may go, and this week's Community Corner events. CHAPTERS: 0:00 Intro with Ed Parcaut and Mike Kelly 0:29 Modesto listings, pending and closed sales 4:11 Consumer confidence and ADP jobs 5:16 New home sales for September 5:58 New homes vs existing home prices 6:41 Case Shiller and FHFA home prices 8:05 Foreclosure starts and newer loans 8:51 FAIR Plan rate increase and new filings 10:21 Where mortgage rates may go 11:26 Durable goods orders 12:48 Community Corner events 15:07 Wrap up Michael Kelly, CA DRE #01072204, RE/MAX Executive Edward R. Parcaut, NMLS #235384, CA DRE #01077454. Lending For Living Inc, Real estate broker, California Department of Real Estate, NMLS #855360, CA DRE #01907016. Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines and program availability. NMLS Consumer Access: www.nmlsconsumeraccess.org Become a supporter of this podcast: https://www.spreaker.com/podcast/real-estate-jerky-daily--6413899/support.

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