Ep. 158 - Housing Inventory on the Rebound? | April Lending Update Pt. 1

In this episode, you'll discover that despite a 30% year-over-year increase in inventory nationwide, the market is still recovering from the extremely low levels seen in 2022. We also explore the Fannie Mae Home Purchase Sentiment Index, which shows that while consumer views are slowly improving, high interest rates remain a significant barrier to entry for many potential buyers. Watch this episode to stay informed about these crucial developments in the housing market and to gain helpful tools for navigating the current real estate landscape.   [00:00 - 01:12] - Intro  [01:13 - 02:50] - Inventory up 30% year-over-year nationwide [02:51 - 04:36] - Foreclosures up but still low [04:37 - 06:42] - Condo inventory surging in Florida [06:43 - 09:38] - Fannie Mae Home Purchase Sentiment Index [09:39 - 12:02] - Mortgage cheat sheet resource  [12:03 - 15:15] - Hometown Heroes program  [15:16 - 16:47] - Howtogetthebestrate.com  [16:48 - 17:17] - Closing Segment   Resources: April Lending Update: https://bit.ly/wy1mlendingupdate Mortgage Cheat Sheet: https://bit.ly/WY1Mcheatsheet     Key Quote: “Listings nationwide are up 30 percent from a year ago, year over year.” - Daniel Halvorsen   _______________________   Search for “What’s Your 1 More” on YouTube to enjoy highlights and full video episodes.   Watch the podcast on Spotify for full video episodes, Q&As, and community polls!    Do you want to master your finances and financial leadership? Connect with us on Facebook, Twitter, and Instagram.   Bank of England is a nationwide lender that takes the time to understand your needs and structure the right mortgage for you and your family. Find your local branch at https://www.boemortgage.com/.    Please subscribe, share, and leave a review to let us know you want to keep the content coming!