The Talas Report: Market Mondays: 12/4/23

Hello, this is Robert Talas, and welcome to Market Mondays! Today, I will be discussing some of the latest news in the real estate and market industry.

1. After Best Stretch Since 2020, How Much Higher Can Stocks Climb? Here Is What History Shows Us

   In a recent article by MarketWatch , it was reported that the stock market has been on a roll lately, with the S&P 500 index posting its best stretch since 2020. The article discusses how much higher stocks can climb and what history shows us. The article also mentions that the stock market has been on a tear since the pandemic lows of March 2020, with the S&P 500 index up more than 100% since then. Here are two takeaways from the article:

   • The stock market has been on a roll lately, with the S&P 500 index posting its best stretch since 2020.
   • While there are some concerns about the market being overvalued, history shows that the market can continue to climb higher.
2. Mortgage Rates Should Drop Below 7% as Housing Demand Picks Up
   According to HousingWire , mortgage rates are expected to drop below 7% as housing demand picks up. This is good news for homebuyers who have been struggling to find affordable homes in a tight market. The article also mentions that the housing market is expected to remain strong in the coming months, with demand outpacing supply. Here are two takeaways from the article:
   • Mortgage rates are expected to drop below 7% as housing demand picks up.
   • This is good news for homebuyers who have been struggling to find affordable homes in a tight market.
3. Housing December 4th Weekly Update

   In a recent update by Calculated Risk , it was reported that the housing market is still growing, with inventory still increasing. This is good news for homebuyers who have been struggling to find affordable homes in a tight market. The article also mentions that the housing market is expected to remain strong in the coming months, with demand outpacing supply. Here are two takeaways from the article:

   • The housing market is still growing, with inventory still increasing.
   • This is good news for homebuyers who have been struggling to find affordable homes in a tight market.
4. Assumable Mortgages Are Having a Moment: Will It Last?

   According to National Mortgage News , assumable mortgages are having a moment, but it remains to be seen if this trend will continue. While assumable mortgages can be a great option for homebuyers, they are not for everyone. The article also mentions that assumable mortgages can be a good option for homebuyers who are looking to save money on closing costs and other fees. Here are two takeaways from the article:

   • Assumable mortgages are having a moment, but it remains to be seen if this trend will continue.
   • While assumable mortgages can be a great option for homebuyers, they are not for everyone.

That’s all for this week’s Market Mondays! Stay tuned for more updates on the real estate and market industry.