REAL ESTATE JERKY DAILY
Rental Prices Slip as More Families Choose Multi-Generational Living
Ed Parcaut and Mike Kelly cover FHFA home prices, Case-Shiller appreciation, JOLTS job openings, mortgage-rate pressure, oil prices, rental trends, and local closings. Home prices are still rising nationally, though at a slower pace. JOLTS job openings came in stronger than expected at 7.59 million, putting pressure on bonds and mortgage pricing. Ed and Mike also talk about local appraisals, rentals taking longer to lease, and more families purchasing multi-generational homes. A fast real estate and mortgage market update with the usual Real Estate Jerky bite.
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