Rodrigo Vilches Realtor FL

The realtor association of Miami-Dade just merged with Beaches, the Realtor Association of Broward County, Palm Beaches and Pt St Lucie, creating the largest real estate association in the world. Our tools and reach are growing, that means better services and amazing expossure to our clients. I'm so excited about the potential impat in this merging to our business and services.

I'm so happy, finally got the time to work and to get my SFR Certification, ( Short sales, foreclosures specialist) and the certification as a PSA,(Price Strategy Advisor). These two certifications allows me to display better skills and efficiency in my passion...yeah, yeah! Means a lot for me, another step up in knowledge and professionalism.

Improving knowledge and skills, I'm becoming a investor's friendly agent...soon starting my new series of " investors and first time buyers seminars" stay tuned for the dates and info.

Not a good signal for our economy at all.

Research and Statistics Housing Statistics and Real Estate Market Trends
Pending Home Sales
Pending Home Sales Index
Background
Methodology
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Latest News
In July 2025, month-over-month pending sales declined in the Northeast and Midwest, held essentially flat in the South, and rose in the West. Year-over-year, sales decreased in the Northeast and West but increased in the Midwest and South.

According to NAR Chief Economist Lawrence Yun, "Even with modest improvements in mortgage rates, housing affordability, and inventory, buyers still remain hesitant. Buying a home is often the most expensive purchase people will make in their lives. This means that going under contract is not a decision homebuyers make quickly. Instead, people take their time to ensure the timing and home are right for them."

Read the full news release.

Next release: Pending Home Sales for August 2025 will be released on Monday, September 29, 2025 at 10 a.m. Eastern.

The Pending Home Sales Index (PHS), a leading indicator of housing activity, measures housing contract activity, and is based on signed real estate contracts for existing single-family homes, condos, and co-ops. Because a home goes under contract a month or two before it is sold, the Pending Home Sales Index generally leads Existing-Home Sales by a month or two.

Pending Home Sales data are provided by NAR solely for use as a reference. No part of the data may be reproduced, stored in a retrieval system, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without NAR's prior written consent for those who are not members of NAR.

To take in consideration.
5 Things to Know Before the Stock Market Opens
News of the day for Sept. 26, 2025

By Terry Lane Published September 26, 2025 08:15 AM EDT
U.S. President Donald Trump speaks while signing executive orders in the Oval Office of the White House in Washington, DC, US, on Monday, Jan. 20, 2025
President Trump late Thursday announced a new slate of tariffs that are set to go into effect on Oct. 1.
Jim Lo Scalzo / EPA / Bloomberg / Getty Images
Stock futures are slightly higher as investors await a key inflation report; President Donald Trump laid out a series of new tariffs on pharmaceutical, furniture products and heavy trucks; Trump signed an executive order bringing TikTok under a U.S. ownership group that includes Oracle (ORCL); and Intel (INTC) shares continue to surge. Here's what you need to know today.

1. Stock Futures Tick Higher Ahead of Inflation Report
Stock futures were slightly higher as investors braced for inflation data that will factor into the Federal Reserve's decision-making on interest rates. Futures tied to the Dow Jones Industrial Average were up 0.2% recently, while those linked to the S&P 500 and the tech-heavy Nasdaq added 0.1%. The major indexes, which are riding three-day losing streaks after hitting a series of record highs, are on pace to post losses for the week. Bitcoin (BTCUSD) continued to lose ground, trading below $109,000, its lowest level in a month. The yield on the 10-year Treasury note, which affects borrowing costs on all sorts of loans, was holding steady at 4.17%. Gold futures edged higher to around $3,800 an ounce but remained just under recent highs.

2. PCE Inflation Report in Focus After Recent Strong Economic Data
Investors are awaiting the Personal Consumption Expenditures report, which is the Fed's preferred measure of inflation. The report, scheduled for release at 8:30 a.m. ET, is expected to show that annual inflation increased slightly to 2.7% in August, according to economists surveyed by The Wall Street Journal and Dow Jones Newswires.
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The closely watched core inflation reading, which excludes volatile food and energy costs, is expected to remain at 2.9%, well above the Fed's target. The inflation report has taken on even greater significance after other data this week—including a big upward revision to second-quarter GDP growth—have shown the economy to be resilient in the face of tariffs. The Fed cut its key lending rate last week for the first time in 2025 and signaled that more cuts could be coming amid a weakening in the labor market. A hotter-than-expected inflation reading today could tame market expectations for further rate cuts, as the Fed has a dual mandate to keep employment high and inflation low.

3. Trump Lays Out Tariffs on Pharmaceuticals, Furniture, Heavy Trucks
President Trump late Thursday announced a new slate of tariffs that are set to go into effect on Oct. 1, including a 100% levy on pharmaceutical imports for companies that aren’t building manufacturing plants in the U.S.
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Trump said that pharmaceutical companies that have started construction on domestic facilities can be exempted from the drug tariffs, which are restricted to “branded or patented" drugs and likely won’t include generics. Trump said that there will be a 50% tariff on kitchen cabinets, bathroom vanities, and associated products, while heavy trucks will be hit with a 25% tariff.
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Shares of Indiana-based drugmaker Eli Lilly (LLY) were up about 2% in premarket trading, while U.S. listed shares of Denmark's Novo Nordisk (NVO) declined 1%. Furniture sellers Williams-Sonoma (WSM), Wayfair (W) and RH (RH) were each down 3%.

4. Trump Signs TikTok Executive Order Bringing App Under American Control
Trump signed an executive order on Thursday to bring TikTok’s U.S. operations under American control, averting a ban on the popular Chinese-owned social media app.
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In a press conference, Trump said the American group set to control TikTok in the U.S. will include billionaire Rupert Murdoch, Dell Technologies (DELL) CEO Michael Dell, and Oracle's (ORCL) Larry Ellison.
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TikTok's Chinese owner ByteDance will copy and lease the algorithm to the joint venture that will control TikTok's U.S. operations. Oracle will oversee the recommendation software, a White House official had confirmed earlier. Vice President J.D. Vance said that the company could be valued at $14 billion, lower than some had expected. Shares of Oracle were slightly higher ahead of the opening bell.

5. Intel Shares Continue to Surge
Shares of Intel (INTC) are on the rise again this morning amid investor optimism about deals that could revive the struggling chipmaker's fortunes. A report that Apple (AAPL) could be Intel's next big investor has fueled big gains this week, after Nvidia (NVDA) last week announced a $5 billion investment. Coming into today's session, the stock has gained nearly 70% since the start of the year, though it remains well off its 2021 high. Analysts tracked by Visible Alpha have overwhelmingly preferred to stick to the sidelines with "hold" ratings, with targets suggesting they see an eventual pullback in the stock. The current consensus target, at $26, is roughly 25% below Thursday's close. Intel shares were up 4% in recent premarket trading.

It this buble about to burst and collapse the banking system again?
Very good questions.
Does Fed Chair Powell Think 'Irrational Exuberance' Is Back on Wall Street?
By Colin Laidley Updated September 24, 2025 04:42 PM EDT
U.S. Federal Reserve Chairman Jerome Powell delivers remarks at a news conference.
U.S. Federal Reserve Chair Jerome Powell on Tuesday called stocks "fairly highly valued".
Sha Hanting / China News Service / VCG via Getty Images
Key Takeaways
Federal Reserve Chair Jerome Powell this week commented on elevated stock prices, remarks that reminded some market watchers of events leading up to the bursting of the Dotcom Bubble in 2000, including former Fed Chair Alan Greenspan's reference to "irrational exuberance."
The current rally has repeatedly been compared to the Dotcom Bubble, when speculative fervor drove up tech stocks despite their shaky finances.
Some experts note that the AI infrastructure buildout driving the stock market higher today is fundamentally different than telecommunications spending in the late 90s.
The present AI frenzy is often compared with the Dotcom Bubble of the 1990s, a parallel that some investors think was invoked, intentionally or not, by Federal Reserve Chair Jerome Powell on Tuesday.

“Equity prices are fairly highly valued,” said Powell when asked during an appearance in Rhode Island about the Fed’s risk tolerance. Nonetheless, “it’s not a time of elevated financial stability risk,” Powell said.

Powell’s comment spoke to a lingering fear on Wall Street that the big tech stocks powering equity indexes to record highs are trading at unsustainable valuations. And some market watchers, including Ed Yardeni, president of Yardeni Research, heard in Powell’s comments echoes of a previous Fed chair’s ominous assessment of stock prices.

Why This Matters To You
Investors are increasingly antsy that the AI rally—about to enter its fourth year—is becoming a bubble, fueled more by speculation than by business fundamentals. Asset bubbles have contributed to past economic crises, including the 2001 recession and the Great Recession in 2008.

Powell “triggered our contrary instincts with that last statement,” wrote Yardeni in a note on Tuesday, according to CNBC. “Financial crises tend to be Black Swans, i.e., events that occur unexpectedly, especially when irrational exuberance is widespread and intensifying,” he added.
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The term “irrational exuberance” harkens back to 1996, when Fed Chair Alan Greenspan asked, “How do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions?”

Greenspan’s question was a nod to the Dotcom Bubble of the late 1990s, when speculative fervor sent tech stocks soaring despite slim or non-existent profits. The bubble grew for years after Greenspan's comments, and ultimately popped in early 2000 after Greenspan's Fed raised interest rates to prevent the economy from overheating.

Is This Time Different?
The AI bubble debate has cropped up repeatedly in the past couple of years. Some investors have expressed concern that tech stocks are trading at historically high valuations while companies spend hand over fist on a technology that has yet to prove beneficial for most businesses.

Some experts note that tech valuations may be higher than their historical average, but they’re well below levels that historically signal peak bubble. According to Christopher Gannatti, Head of Research at WisdomTree, the tech sector’s forward price-to-earnings (P/E) ratio of about 30 “is not in the same zip code as the late-1990s mania,” when that ratio went as high as 55.
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Related Education
Understanding the Dotcom Bubble: Causes, Impact, and Lessons
Dotcom Bubble
Irrational Exuberance: Definition, Origin, Example
A house made of money floating on a balloon
There may also be structural reasons for today’s tech stocks to trade at a higher multiple. “Importantly, today's valuations are supported by massive revenue bases, proven business models and enormous free cash flow generation,” says Gannatti. “Earnings power is not hypothetical; it is visible in quarterly reports and guidance across the board.”

Higher stock valuations may also be supported by the use of AI, which analysts expect to increase corporate efficiency and widen profit margins. Morgan Stanley analysts estimate that AI efficiency gains and new revenue streams could generate a net economic benefit of $920 billion annually.

What to Expect in Markets This Week: Inflation Data; Fed Speakers; Earnings from Micron, Costco
By Terry Lane Published September 21, 2025 05:00 AM EDT
Fed Chair Jerome Powell in Washington, D.C., on Sept. 17, 2025.
The Fed, chaired by Jerome Powell, cut interest rates last week for the first time in 2025.
Kent Nishimura / Bloomberg via Getty Images
Key Takeaways
The Fed’s preferred inflation measure is due on Friday, as well as the latest GDP update, home sales data, and September consumer sentiment earlier in the week.
Several Fed officials will deliver remarks in the wake of the central bank's move last week to cut interest rates for the first time this year.
Micron, Costco, AutoZone and CarMax lead the firms on this week’s corporate reporting calendar.
The Fed is back to cutting rates. What'll it do next? We'll learn more this week.

After last week's decision by the Federal Reserve to cut interest rates for the first time this year, market watchers will be eager for clues about whether more cuts are in store in the coming months. Several data points due this week should offer insight. Stocks ended last week on the rise, with all three major U.S. indexes finishing at record highs.

The Fed’s preferred inflation measure comes as policymakers watch for evidence that tariffs are working their way into consumer prices. A string of Fed officials will deliver remarks over the course of the week investors will parse for hints about the possibility of further cuts at this year's two remaining meetings.

The final revision to second-quarter gross domestic product (GDP) will also be in focus, as will data on home sales, jobless claims, and consumer sentiment. Traders will be watching for earnings from chipmaker Micron, retailer Costco, and used car seller CarMax.

Read to the bottom for our calendar of key events—and one more thing.

Inflation Data Follows Fed Move on Interest Rates
The Personal Consumption Expenditures index for August is set to be released on Friday. PCE inflation held relatively steady in July after accelerating in June. Friday's report will be the first reading on prices since Fed Chair Jerome Powell warned that elevated inflation and a weakening labor market give policymakers "no risk-free path" forward.

The Fed has projected that it’s likely to cut interest rates at upcoming meetings, but Powell said officials will be closely watching economic readings before making further moves. Several Fed officials are on the speaking calendar this week, including Powell and the Fed's newest member, Stephen Miran.

Economists on Thursday will get the final revision to second-quarter GDP, which was revised higher in August. Data for both new and pending home sales in August comes amid a decline in mortgage rates in recent weeks. Data on consumer sentiment, jobless claims, and durable-goods orders are also on tap.

Micron Earnings Come as AI Demand Remains Strong
On the corporate calendar, Micron Technology is scheduled to report results on Tuesday. The chipmaker in June reported record quarterly revenue amid booming demand for its memory chips from data center clients. Analysts are generally bullish on Micron stock, which hit a record high last week.

Costco is set to report its quarterly results on Thursday. In May, the bulk retailer reported sales rose by 8% amid continued growth in same-store sales. Recent retail sales data suggested that consumers are still spending. CarMax’s earnings on the same day will provide insight into the state of the used-car market.

Auto parts seller AutoZone, business services provider Cintas, and advisory firm Accenture will also report this week.

Quick Links: Recap Last Week’s Trading | Latest Markets News

Seems this is the time to jump into the new housing market? Incentives and discounts are becoming very attractives.

Builders Are Sweetening the Deal: Why Home Buyers May Want to Take a Look From mortgage rate buydowns to steep price cuts, record incentives are helping shrink the gap between new and resale homes.