Published by FOX Business | May 22, 2023 Housing market recession could bleed into broader economy, Fannie Mae warns The U.S. housing market is slowly stirring back to life after entering a deep freeze in mid-2022, but the worst may not be over for the sector just yet. Fannie Mae economists predicted in a revised forecast …
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 …
A Debt-Ceiling Crisis Would Hit The Housing Market Like A Hurricane Read More »
Published by REALTOR.com | May 8, 2023 Consumers expect mortgage rates to drop, so they’re feeling a lot more optimistic about the housing market, according to a recent Fannie Mae poll. After the U.S. Federal Reserve’s rate increase last week, the Fed Chair signaled a potential pause in hikes. Rates dipped after the news, and economists are …
Published by REALTOR.com | April 25, 2023 The question on the minds of homebuyers, sellers, and homeowners is what is going to happen with home prices. Does this sound disturbingly familiar? Skyrocketing home prices have very suddenly leveled off. Recession fears are swirling. The number of home sales has dropped. Is it 2006—the year that saw the …
It’s Deja Vu in the Housing Market—Is It 2006 All Over Again? Read More »
Published by FOX Business | April 17, 2023 Confidence among U.S. homebuilders jumps as mortgage rates fall Confidence among builders in the U.S. housing market increased more than expected in April as declining mortgage rates and low inventory helped drive demand higher for new homes. The National Association of Home Builders/Wells Fargo Housing Market Index, which measures …
Homebuilder Sentiment Jumps to Highest Level Since September Read More »
Published by Forbes.com | April 4, 2023 Pent-up home buyer demand is responding favorably to lower rates in many markets. A new report by data analytics provider CoreLogic reveals in many ways a tale of two very different housing markets. At one extreme, the West is slowing, and at the other extreme, the East is rising. Even …
A Tale Of Two Housing Markets In The Slowing West And Rising East Read More »
Published by REALTOR.com | March 30, 2023 In March, real estate listing prices came in nationwide at a median of $424,000, down from June’s all-time record high of $449,000. After a few years of flying high, home prices are finally coming back down to earth with a thud. In fact, the prospect of an outright price …
A Surprising Sign That Home Prices May Finally Take a Plunge This Summer Read More »
Published by FOX Business | March 27, 2023 Austin, Texas, was the fastest-cooling market over the past year. Tech hubs are becoming some of the fastest-cooling housing markets in the U.S. These hubs and pandemic hot spots have been hit hard as turmoil persists in the sector and housing costs remain elevated, according to a new …
Published by Breitbart News | March 21, 2023 Sales of previously owned homes in the U.S. rose in February as house prices dipped and mortgage rates continued to tick down. Existing home sales jumped 14.5 percent to a seasonally adjusted annual rate of 4.58 million, the National Association of Realtors said Tuesday. This was the …
Existing Home Sales Surge As Prices Fall For First Time in Over a Decade Read More »
Atlanta Federal Reserve reports U.S. households have to spend nearly 43% of their monthly income to afford the median home price
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