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Three Ways to Play Housing in a Rate-Cut Cycle
PFSIPennyMac Financial Services(PFSI) Investor Place·2024-08-19 23:33

Existing home inventory has soared … but few sales are begin transacted … will the flood gates open after rate cuts? … three options for real estate investing Remember when there were no available homes for sale on the market? Well, that's no longer a thing. As you can see below, there are now 476,000 new homes for sale in the U.S. This is the highest level since 2008. Source: Creative Planning / Charlie Bilello So, why are existing home sales still in the gutter? You already know the reasons… Record-high h ...