Pending home sales looking good again - Hopium or stability for the real estate market?

Getting some nice numbers on existing home sales never hurt anyone, but we are all expecting a crash so what happened right? Well, we aren't going to crash most likely and there are many reasons why, but I explain a few of them in this video along with a real time look at mortgage rates and what the future may hold. The market was very quiet today. I don't like days like that as it usually implies volatility around the corner. It could be in the good direction of course, but lately its been more bad than good. We'll see what tomorrow brings and hopefully this helps in the meantime! Links below...

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LINKS:
https://www.cnbc.com/2022/06/27/pending-home-sales-post-surprise-increase-in-may.html
https://www.mykcm.com/2022/06/27/two-reasons-why-todays-housing-market-isnt-a-bubble/
https://www.cnbc.com/2022/06/24/best-cities-around-the-world-to-take-a-working-vacation.html
https://www.cnbc.com/2022/06/27/more-than-half-of-americans-live-paycheck-to-paycheck-amid-inflation.html
https://finance.yahoo.com/news/housing-prices-expected-drop-cities-145501271.html?guccounter=1