Houtan HormozianExpert on Real Estate, Finance and PropTech

CRESTICO - Quick Market Insights - 03-14-2025

15 Mar 2025 · 1 min

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In this brief market‑insights segment, the presenter reports that wholesale prices were flat in February and overall inflation has slowed, yet the Federal Reserve is expected to keep rates unchanged. Job openings rose to 7.74 million, indicating strong employer confidence. The video highlights Lennar’s partnership with 3D‑printing firm ICON to construct 100 homes in Texas, of which 75 % are already sold. Mortgage applications jumped 11 % in the past week, with purchase applications up 7 % week‑over‑week and 4 % year‑over‑year. Pending home sales edged higher but remain below last year’s levels, while unsold housing inventory rose 28 % nationwide. The segment ends with a thank‑you to viewers.

Chapters

A quick market insights. Wholesale prices stayed flat in February, and inflation slowed, but the Fed is unlikely to cut rates. Job openings reached 7.74 million, showing strong employer confidence. Lennar and ICON, the 3D printing company, are 3D printing 100 homes in Texas, with 75% sold. Mortgage applications rose 11% last week, with purchase apps up 7% weekly and 4% annually. Pending home sales increased slightly but remained lower than last year. Unsold inventory is up 28% nationwide. Thank you for watching.