Mid-Day Update： October 24, 2024
Episode Stats
Words per Minute
159.26967
Summary
Existing home sales fell to the lowest level in 14 years in September, according to the latest data from the National Association of Realtors. President Trump is gaining ground in key battleground states and is on pace for a big win in the midterms.
Transcript
00:00:00.000
Bidenomics and the Biden economy is hard at work to ruin all of our lives. Home sales fell to the
00:00:05.740
lowest level in 14 years as high home prices, inflation depleted savings, still elevated
00:00:11.280
mortgage rates, and election uncertainty kept buyers on the sidelines. Sales of existing homes,
00:00:16.320
which makes up most of real estate transactions in the U.S., fell by 1% to an annual rate of 3.84
00:00:21.860
million for September, this according to the latest numbers from the National Association
00:00:26.280
of Realtors this week. Economists had forecasted a stronger 3.9 million sales figure for the month,
00:00:32.340
sales fell short by 2.5% the prior month. Not good for America. This is the lowest level of
00:00:38.600
existing home sales since October of 2010. That, of course, was when the housing market was still
00:00:43.780
staggering from the bursting of the mortgage bubble and the financial crisis. Outgoing Senate Republican
00:00:49.340
Leader Mitch McConnell said that Donald Trump has hurt the Republican Party's ability to compete
00:00:54.180
and that, quote, the MAGMA movement is completely wrong. Imagine that, Senator Froghorn Leghorn,
00:01:00.880
going after MAGA, the only reason he still has a job. McConnell saying, quote, I think that Trump was
00:01:06.240
the biggest factor in changing the Republican Party from what Ronald Reagan viewed and he wouldn't
00:01:10.980
recognize it today. The quote comes from a new biography that's being written on Mitch McConnell.
00:01:15.920
Go figure that Mitch McConnell goes after MAGA once again. McConnell's got his hands in the pocket
00:01:21.220
of every foreign nation and he's worried about making America great again. It all makes sense.
00:01:27.440
He is anti-American. Some bad polling news for Kamala Harris as we enter the final 11 days until
00:01:33.460
the 2024 election. Bad news for Kamala means great news for President Trump. CNN's polling guru,
00:01:39.720
Harry Enten, said he believes that a sweep of the main battleground states in the presidential election
00:01:44.040
is, quote, more likely than not. So here's where the bad news comes in for Kamala Harris.
00:01:49.520
President Trump is leading in Arizona, Nevada, Wisconsin, Michigan, Pennsylvania, North Carolina,
00:01:55.980
and pretty decently large in Georgia. So when Harry Enten tells us there's probably going to be a sweep,
00:02:02.260
as of right now, it looks like it's going in President Trump's favor. And with 11 days to go,
00:02:07.320
it's going to take a big October surprise or early November surprise to change that.
00:02:12.280
And I don't think one's coming. Please be sure to join us for today's episode of The Great
00:02:16.300
America Show. We're joined by head pollster for Rasmussen, Mark Mitchell. We break down all the
00:02:22.140
latest polls as 20 million Americans have already early voted. And the trends as of right now are
00:02:29.060
in the Republicans' favor. And that's for early voting. This is something we've never seen before,
00:02:33.400
folks. It may be a phenomenon, but we'll see. Join us for our full discussion with Mark Mitchell
00:02:38.260
today on The Great America Show. Be sure to also follow me on Twitter for all the latest updates
00:02:42.980
at JohnFawcettNY. And actually, we're now on Instagram. You can follow the show on Instagram
00:02:48.100
on Instagram at TheGreatAmericaShow. Once again, on Instagram, TheGreatAmericaShow. Be sure to follow
00:02:55.120
us on Instagram. We're going to have all highlights and clips from our top guests each and every show,
00:02:59.480
each and every day. I'm John Fawcett with this midday update. Have a great day, folks.