The Fed will announce another interest rate increase Wednesday, September 21st at 18:00 GMT.
Word is .75 to 1%.
“I think you’re seeing a weakening in virtually every market but those that were stronger are weakening less. I guess the most important thing that investors and people need to remember is that Americans still want to own their homes and that, as soon as the conditions turn a little more favorable, housing will pick up. That will pick up the whole economy.”
CEO National Association of Home Builders
Vulnerable Housing Markets:
California, New Jersey and Illinois Again Dominate List of Vulnerable Housing Markets