Neutral Third Party Feedback

Events

Los Angeles CA

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Hello, i cant really talk to my friends about this stuff so I am looking for a neutral third party to talk to. Email is fine at first but it would be nice to continue the conversation on the phone if you're ok with it. If you reply I can give more insight and then you can decide if its something youre ok giving me feedback on. thank you! Sales of new U.S. single-family homes fell slightly more than expected in January, likely as rising mortgage rates and higher prices sidelined some first-time buyers from the market. New home sales fell 4.5% to a seasonally adjusted annual rate of 801,000 units last month, the Commerce Department said on Thursday. December's sales pace was revised higher to 839,000 units from the previously reported 811,000 units. Sales dropped in the Midwest, Northeast and the densely populated South. But they rose in the West. Economists polled by Reuters had forecast new home sales, which account for more than 10% of U.S. home sales, falling to a rate of 806,000 units. Sales tumbled 19.3% on a year-on-year basis in January. They peaked at a rate of 993,000 units in January 2021, which was the highest since the end of 2006. Mortgage rates are near three-year highs.

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