The Housing Market Only Has One Direction To Go From Here If The Federal Reserve Pauses Interest Rate Hikes. The U.S. economy keeps skirting recession but we are starting to see some chinks in the armor as employment numbers are getting worse and mortgage applications are declining. When will the FED Pause Or Pivot? Are
Selling Real Estate
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#banking #realestate #stockmarket This segment originally aired on March 24, 2023. Yahoo Finance’s Dani Romero joins the Live show to discuss how the commercial real estate market is being impacted by rising interest rates, and Silicon Valley Bank’s fallout. Don’t Miss: Valley of Hype: The culture that built Elizabeth Holmes WATCH HERE: Subscribe to Yahoo
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NEW Housing Market Forecast from Corelogic! After four consecutive months of upward revisions, Corelogic’s new 12 month housing market forecast and real estate predictions remained flat from the previous month. They also reported that home prices are down from one year ago in 10 states compared to April 2022 (it was only 8 states two
As America’s massive debt bubble causes panic within Congress, the instability of our economy becomes more apparent with every new headline. Since the summer of 2020, it has been clear that the US has experienced a boom in almost every sector, with massive demand driving prices, profits, and revenues to the moon. However, the reasons
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The US housing market keeps getting stranger and stranger… On average, homes are taking longer to sell compared to the past couple of years but they are still selling faster than pre-pandemic levels. Additionally, housing inventory (i.e. the number of existing homes for sale) barely grew in May from the previous month which is a
Housing affordability hit a NEW all-time record LOW as the average monthly housing payment of would-be homebuyers reached a record high according to Redfin this week. To make matters worse, average daily rates for 30yr fixed mortgages surged last week to nearly a 7-month high (7.12% on 5/25/23 per the Mortgage News Daily) and home
📊 This week’s real estate market update for Sarasota/Manatee County is here! Total homes on the market: 5306 (29 ⬆️) New listings on the market: 598 (98 ⬆️) Homes went under contract into escrow: 605 (65 ⬇️) Homes sold & closed: 621 (52 ⬇️) Average sales price: $676,572 (91K ⬆️) Average days on the market:
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We are finally seeing the first few pieces of evidence emerge showing that a recession in the US is on its way. Deutsche Bank specifically came out with a new projection, one that looks at over 200 years of data and concluded that there is a 100% probability we will experience a severe slowdown in
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