U.S. Real Estate in the Doldrums Despite Low Mortgage Rates and Robust Employment

With unemployment at a 50-year low, and 30-year fixed mortgage rates dropping to a mere 3.75%, the housing market should be on fire; but it’s not.

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Posted by Jeff Mindham

Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies. I have a master’s degree from the University of San Francisco and a BA degree in Communications.

U.S. Real Estate in the Doldrums Despite Low Mortgage Rates and Robust Employment

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