Real estate guru Barbara Corcoran predicts dropping mortgage rates could make the housing market 'go ballistic'

  • 📰 nypost
  • ⏱ Reading Time:
  • 33 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 67%

Real Estate समाचार

Barbara Corcoran,Homeowners,Residential Real Estate

Mortgage Rates See Biggest Weekly Drop in Nearly A Year

Real Estate Mogul Barbara Corcoran Issues Stark Warning to Celebrities Struggling To Sell Homes: ‘Get Realistic!’

She told host Neil Cavuto that if mortgage rates drop to anywhere within the 5% range, it could trigger “incredible” homebuying activity., Corcoran conceded that she doesn’t know whether “we will ever see a 5% number.” However, if such a drop were to occur, “it would be incredible for the market.” “What we’re losing right now and what we desperately need right now is more first-time homebuyers,” she said, before offering a shocking statistic: “Less than 24% of the people are first-time buyers, an all-time low.”Interestingly, in a potentially bright spot, existing-home sales have gone up in the past month, by 3.4%, she noted.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 91. in İN
 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

इंडिया ताज़ा खबर, इंडिया मुख्य बातें