Vesta Equity Market Recap 20.0
Enhance your investment intelligence with Vesta Equity's Real Equity Marketplace Update 20.0, leveraging trend forecasting to make smarter decisions. Please sign up to receive the recap weekly and share the recap with people in your network who want to stay on top of the latest housing trends and investment opportunities.
The Pulse on Housing
US new home sales spike – 4.1% increase in April.
Banks showing stability, while mortgage rates rise.
Mortgage applications decrease for second straight week.
Top News in Housing
85% of Americans think a home is a good investment - According to a survey by TD Bank's First-Time Homebuyer Pulse, 85% of new home buyers believe that owning a home is a good long-term investment.
Why baby boomers remain competitive in the U.S. housing market - Baby boomers' ability to tap into home equity gives them an advantage over millennials in the U.S. housing market, as they can make more compelling offers on properties, leading to competition between the two generations.
Higher mortgage rates, lower social security payments: The calamity Washington wants to avoid with a debt ceiling deal - The article discusses the potential economic consequences of the U.S. not raising the debt ceiling, including possible higher mortgage rates and lower Social Security payments, with a tentative deal to raise the debt limit currently awaiting Congress' vote and President Biden's signature, while the Treasury may need to prioritize payments if the debt ceiling isn't raised by early June.
Vesta Equity Marketplace Overview
Looking for your next investment property? Easily invest in quality United States real estate - Buy shares, earn appreciation, and let the homeowners take care of the rest
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