Economy

NAR Economist: ‘Housing Recession Is Over’

Published by REALTOR.com | July 27, 2023 Contract signings picked up the pace last month, and home buyers are increasingly facing multiple offer situations. Pending home sales rose slightly in June, and the latest indicators are showing a housing market on the mend. Median existing-home sales prices in June soared to their second highest on record …

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Economist: U.S. Home Prices Still Face A ‘Steep and Sustained’ Decline This Year

Published by FOX Business | July 14, 2023 Economist warns ‘the bulk of the drop in home prices is yet to come’ The U.S. housing market has defied expectations for a crash so far this year, but a steep decline in home prices could be right around the corner, according to a new analyst note …

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Breitbart: The Housing Market Declares Independence from the Fed

Published by Breitbart News | July 3, 2023 It’s not exactly a self-evident truth, but it is a data-evident truth: the U.S. housing market is recovering. Construction spending on single-family homes rose for the first time this year in May, data released by the Commerce Department showed on Monday. This was not just a tick …

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Regional Banks Scramble to Unload Commercial Real Estate Loans, Fearing New Crisis

Published by The Epoch Times | June 14, 2023 Analysts fear that CRE exposure could spark another round of bank failures The work-from-home trend has been taking its toll on office landlords and is now making its way through to banks’ commercial loan portfolios, leading some analysts to predict that more trauma could be on …

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Study: Residents in Major U.S. City May Need at Least $85K to Afford Rent

Published by FOX Business | June 9, 2023 Tampa, Florida is ranked 18th on an index of the most overpriced metro areas in the country A new study found that people living or wanting to move to one of the Sunshine’s state fastest growing cities need to make at least $85,000 annually to afford the skyrocketing housing …

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Does Rent Go Down During A Recession? What Renters And Real Estate Investors Can Expect

Published by Forbes.com | January 14, 2023 If you’re a real estate investor, you probably know not to expect a perpetual rally in rent prices. This slowdown should have been anticipated. The pandemic has wreaked havoc on America’s rental markets. From business closures that prevented renters from earning an income to eviction moratoriums to mass …

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A Debt-Ceiling Crisis Would Hit The Housing Market Like A Hurricane

Published by Forbes.com | May 18, 2023 Natural disasters tend to temporarily halt the housing market in affected areas. If the U.S. hits the debt ceiling, expect a similar effect on the housing market. If the United States breaches the debt ceiling, it would hit the housing market like a natural disaster. Whenever there is …

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