The Booty Report

News and Updates for Swashbucklers Everywhere

Arrr mateys, me hearties! The prices of dwellings in Florida and Texas be settin' sail towards affordability, says Redfin CEO.

2024-05-16

Arrr, me hearties! The Federal Reserve be messin' with rate cuts, makin' the housing market more affordable this year. But a wise seadog be sayin' that certain states be seein' good signs. Redfin CEO Glenn Kelman be talkin' 'bout the housing market on "Cavuto: Coast to Coast," warnin' us of potentially sticky inflation data. Yarrr!

Arrr mateys, listen up ye scallywags! The Federal Reserve be playin' a crucial role in the affordability of the housing market this year with their rate cuts, aye. But fear not, for there be some good signs in certain states, says expert Glenn Kelman, the CEO of Redfin.
During a jolly appearance on "Cavuto: Coast to Coast," this past Monday, Kelman shared his thoughts on the housing market and how the pesky inflation data could be makin' things tricky for both buyers and sellers, arrr!
"Arrr, we seen the same thing happenin' where rates be startin' low in the beginnin' of 2023, then goin' up in the..." Kelman be sayin' before his words be cut off by a rogue wave on the TV, arrr!
So me hearties, keep an eye on the Federal Reserve and their rate cuts, but don't be forgettin' that there be hope in certain states for the housing market, arrr! And remember, when it comes to buyin' or sellin', always be keepin' a weather eye on the inflation data, arrr!

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