Published by REALTOR Magazine | February 9, 2023 A slowdown is now underway, says NAR Chief Economist Lawrence Yun. But don’t expect to see dramatic price drops. After three years of runaway home prices, buyers may soon find relief. In some markets, they may have already found it. The National Association of REALTORS’ latest quarterly …
Published by Forbes.com | January 31, 2o23 Only in 10 of the 50 largest U.S. cities can two full-time workers earning minimum wage comfortably afford a typical two-bedroom rental. Nationally, four minimum-wage workers would have to double up in both bedrooms to not stretch their budgets, finds a new Zillow analysis shining a light on …
Here’s Why Renters Need To Work More Hours To Afford Rent Read More »
Published by FOX Business | February 6, 2023 During the COVID-19 pandemic, home prices soared at a pace not seen since the 1970s with mortgage rates near a record low. A U.S. economist famous for predicting the 2008 housing crash believes that home prices could plunge another 15% this year. In a recent analyst note, Ian …
Economist Who Called 2008 Housing Crash Predicts Another 15% Drop in Home Prices Read More »
Published by FOX Business | February 1, 2023 The U.S. housing market is in for a rough year, according to the CEO of one private equity investment firm. The 30-year fixed mortgage rate dipped for the fourth week in a row to 6.19% this week from 6.23% last week. A year ago, the average rate …
Investment Firm CEO: U.S. Housing Market Seeing ‘Meaningful’ Damage That’s ‘Not Normal’ Read More »
Published by The New York Post | January 24, 2023 As interest rates continue to skyrocket, home prices across the country have continued to plummet — and Goldman Sachs says the declines will only worsen and extend through 2023. In a note to clients earlier this month, Goldman Sachs forecasted that four American cities in particular …
Goldman Sachs: These 4 Cities Will Suffer a 2008 Crash in Home Values Read More »
Published by Breitbart News | January 20, 2023 The housing market has been weird for almost a year and now it appears to be on the verge of flipping that weirdness upside down. Sales of existing homes, the largest part of the market, have been declining for eleven months, largely as a result of the …
Breitbart: Home Sales Edge Toward a Topsy-Turvy Turning Point Read More »
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