THE BASIS POINT
Linkage: home sellers feeling the pressure
March 8, 2019
People added $17 billion in new debt in January
Slightly lower home prices and good rates make homes more affordable than they have been since winter 2018
And interest rates were super low this week! Yay!
Many new-home sales are for homes that haven't even been built yet
More signs of pressure on home sellers: they're more willing to wait for buyers to sell their old home
NYC building inspectors have to climb buildings like Spider-Man
Airbnb buys hotel booking site HotelTonight
One SF anti-gentrification housing policy seems to be working
U.S. adds 20k jobs in February, unemployment at 3.8%
January new home construction down 7.8% from a year ago
It's International Working Women's Day! Remember 63% of Realtors are women
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