Feb 20th - Weekly Roundup
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Feb 20th - Weekly Roundup
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About this listen
Highlights this week:
- Mortgage rates slid to roughly 6.09% on the 30-year fixed, the lowest in about three years.
- Pending U.S. home sales fell about 6% year over year, with homes taking ~67 days to go under contract.
- Inventory is building and price cuts remain elevated as spring listings return.
- States like Idaho, Connecticut, and Colorado are pushing starter-home zoning reforms.
- Lake Norman rezoning request advances for new apartments and commercial space.
- SouthPark and Midtown rezonings cleared for major mixed-use and apartment projects.
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