“Home Price Gains are Plateauing”: Corelogic Case-Shiller

NEW report regarding home prices! In the US, home prices have now increased for five consecutive months but the gains are slowing down or plateauing. Also, home price trends varied quite a bit by region. For example compared to a year ago, pandemic boomtowns such as Las Vegas, Phoenix and Seattle are still down significantly from a year earlier but more affordable areas such as the Midwest are still experiencing gains. This is based on the latest CoreLogic S&P Case-Shiller Index that was published on August 29, 2023 (link below). Although there’s a significant lag in the data they provide (a 3 month average of prices from February through June, which is mostly from signed contracts from Feb through May), the information they provide at the metro level is insightful, especially compared to historical price changes.

Thank you for watching the video! I appreciate you. Please like, share this video and subscribe!

➜➜➜ Get Connected To a GREAT Real Estate Agent HERE:
www.realestateteamfinder.com

Compilation of Housing Market Forecast videos:

Report I discussed:

US CoreLogic S&P Case-Shiller Index Was Even Year Over Year in June, Signaling a Market Shift

https://www.calculatedriskblog.com/2023/08/case-shiller-national-house-price-index.html

To give you a quick mortgage interest rates update, according to the Mortgage News Daily the average 30yr fixed rate mortgage is around 7.3% for the current mortgage rates (at the time of filming this video for those with excellent credit).

Comment below: what’s your housing market forecast? Do you think a housing crash will happen or are your housing market predictions that the real estate market and home prices will continue to surge?

———————————————————————————-
Products I use and like: ad
My Gear I Use for YouTube: www.amazon.com/shop/jasonwalter
Tubebuddy https://www.tubebuddy.com/jason808
Hire a Virtual Assistant Here (video editing) https://bit.ly/3lYRujQ

***
Jason Walter, CPA (lic 103885)
Sacramento real estate agent and native
Realty ONE Group Complete (DRE 01923240)
[email protected]

➜➜➜ SUBSCRIBE FOR MORE VIDEOS ➜➜➜
To never miss a video about personal finance & real estate related topics, please subscribe & then hit the bell notification here ➜ https://bit.ly/31kAR73

➜ PLAYLIST: Videos about Living in Sacramento
https://bit.ly/2TkXZSh

Moving to Sacramento? Top 10 Reasons to Move Here:

5 Pros & Cons of Living in Sacramento:

Royalty Free Music from Bensound

Disclaimer:
Jason Walter is not a practicing tax accountant or a licensed attorney or financial adviser. Therefore, the information in these videos shall not be relied upon as tax, legal, or financial advice from a qualified perspective. If you need such advice, please contact a qualified tax accountant, attorney, or financial adviser. We have taken reasonable steps to check that the information in this video is accurate but we cannot represent that it is free from errors. You expressly agree not to rely upon any information contained in this video – it is for entertainment purposes only.

This video description may contain affiliate links that allow you to easily find the items mentioned in my videos as well as support the channel at no cost to you. Thank you for your support! Jason Walter is a licensed real estate agent with Realty ONE Group Complete in California under DRE 01923240.

#housingmarket #Corelogic #homeprices