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Transcripts for CNN The 2000s 20240604 02:14:00

economy that has stood its ground was the home market. hopes of real estate will offer not only a safe haven but will gain value. john and kamal carter are joining the growing number of first-time homebuyers, convinced the time is right thanks to dropping interes t rates. it s kind of amazing where like we ve got to buy something this week. everyone was talking about property. they saw buying a house as the main way to get wealth. house prices kept going up so it seemed like a no risk no- brainer thing to do . across the usa on mortgage applications at an all-time high last week . current homeowners taking advantage of lower interest rates, too, refinancing their homes. as americans seek to lower payments and put more cash in their wallets. everyone wants a piece of the american dream. there was this rampant fear of missing out. people started flipping houses, they were quitting their jobs to buy houses, and to sell them

Economy
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Homebuyers
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Hopes
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Real-estate
Dropping-interes
Kamal-carter
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