
Tiny Rates Make Hulk... Curious
Hulk hear news! Tiny humans in suits say mortgage rates fall. Fall like puny Banner after Hulk smash! Average rate for 30 year thingy is 6.63%. Lowest since October? Hulk remember October! Good smashing time! But this 'Mortgage News Daily' sound like paper... Hulk smash paper! They say Trump man make announcement about tariffs make market go crazy. Hulk not care about tariffs. Hulk care about SMASH!
Market Do What Now?!
Humans run to bond market like scared rabbits! Bonds fall! Mortgage rates follow like weaklings following Hulk. They been close since February. 'Uncertainty' is word humans use. Uncertainty make Hulk ANGRY! Market brace for impact? Hulk show them impact!
Springtime for Buyers? Hulk Say 'Maybe...'
Supposedly good time for house buying. Spring season kick in like Hulk kicking Loki! But! Big but! Other things fight against buyers. Affordability hit hard. Like Hulk hit Abomination! Monthly payments reach record high. Hulk think even Hulk struggle pay that much! 'Hulk need house! Hulk smash rent!' say Hulk to self in mirror. Prices up rates still high... double the pandemic times? Hulk hate pandemic!
Hulk No Understand Math!
They say 70% of humans can't afford $400,000 house. That LOT of humans! Median price of new house? Too much! Need minimum income to buy puny $200,000 house? More than many humans make! Hulk confused! Hulk need simple math: Hulk + Anger = SMASH!
Where Are the Cheap Houses?!
More houses on market? Good! But not cheap ones! Hulk want cheap house! Hulk smash expensive house! Too much underbuilding since 'Great Recession.' Great Recession sound boring. 'People want top dollar for house,' says human. 'Hulk want top dollar too! For smashing service!' Some sell 'cause scared about job or want closer to city. Hulk not care! Hulk live WHEREVER HULK WANT!
Hulk See the Rebalancing and Hulk Is ... Cautiously Optimistic?
New listings up! Houses sit longer! Price reductions rising! Pending sales DOWN! Jacksonville Miami Virginia Beach... all DOWN! 'High cost of buying' and 'economic concerns' make buyers scared. 'Hulk understand fear,' says Hulk. 'But Hulk also understand SMASH!' Market rebalancing? Good! More choices for shoppers! 'Improvements in mortgage rates' good for summer! Hulk hope economic concerns settle... or Hulk will settle them!
tieulytu
Don't get too excited. It's still expensive out there.
258852
Is now really a good time to sell?