Friesen Homes Construction

10/23/2024

September existing home sales fell 3.5% year-over-year to the lowest level since 2010.

Existing home sales fell to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010.

First-time buyers made up 26% of purchases, matching an all-time low.

Meanwhile, the median sales price rose 3% in September compared to last year's data, to $404,500.

At the current pace, available inventory would last 4.3 months, the longest in more than 4 years, according to Zerohedge.

The housing market is stalling.

08/17/2024

This is for those that don’t believe we are heading for a massive recession. The Sham Rules current data shows a much bigger decline than all recessions back to 1960’s. Doubling the crash of 2008. No one can deny this Data! We are in a currency reset and it’s digital! I can prove that too!
Source is the Federal Reserve!
https://fred.stlouisfed.org/series/SAHMREALTIME #:~:text=Graph%20and%20download%20economic%20data%20for%20Real%2Dtime,1959%20to%20Jul%202024%20about%20recession%20indicators%2C

07/26/2024

https://youtu.be/JHHN9rd-Yo4?si=ZpP4pv1rni8jCgjf

Join our EXCLUSIVE Investing Community: https://clearvalueinvesting.com/GET 3 FREE STOCKS when you open up a stock account here: https://a.webull.com/i/Clear...

07/26/2024

Inflation is at 2.97%
We should see interest rates come down .25% in September. 👍

07/04/2024

Laws have passed and USDC & EURC are now officially legal electronic money in the European Union.

07/03/2024

https://www.youtube.com/live/3bwRJd4C9sg?si=j4MPrzm3xql0I1qZ

Overwhelmed with debt and unable to pay the mortgage is how many Americans lose their homes to foreclosure. Real Estate Broker, John Hoffman is live to discu...

06/26/2024

Government backed second mortgages have been approved. Many will get them to pay off credit cards. Please avoid this at all cost. Defaulting on credit card debt does not put you home at risk of foreclosure, but defaulting on a second mortgage does!

US regulators approve Freddie Mac's Second Mortgage Pilot Program to entice homeowners to borrow against their home's equity. It's estimated that American's ...

06/10/2024

All these economic issues the world is experiencing can all be traced back to this man! What he did in this speech was a global financial reset to a new global financial system. He made it easier for the banks and the financial institutions to steal the wealth of the people. He truly was a crook!

On August 15, 1971, President Nixon announced on TV 3 dramatic changes in economic policy. He imposed a wage-price freeze. He ended the Bretton Woods inter...

05/31/2024

Pending US Home Sales dropped to 72.3 in April, lowest reading since the beginning of the pandemic in 2020.

The index of contract signings, a leading indicator for US housing, fell by 7.7% last month which is the largest decline since February 2021.

Pending home sales contraction was recorded in ALL US regions.

Aside from 2020, this was the largest drop in the indicator in 22 years.

Higher interest rates are being blamed for the continued drop in inventory, according to the National Association of Realtors.

Home-buying conditions are somehow getting worse.

05/24/2024

Ray Dalio is one of my favorites

Economics 101 -- "How the Economic Machine Works."Created by Ray Dalio this simple but not simplistic and easy to follow 30 minute, animated video answers th...