September 19, 2022

Newsfeed: More homebuilders lower prices as sentiment falls for ninth straight month

More builders are lowering prices for homes as their confidence in the market continues to tumble. Homebuilder sentiment in September fell 3 points to 46 in the National Association of Home Builders/Wells Fargo Housing Market Index. Anything below 50 is considered negative.

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Newsfeed: 10-year Treasury yield jumps to 3.51%, the highest level since 2011

All Posts, Featured, Newsfeed / Guys

Treasury yields climbed on Monday as traders anticipated the Federal Reserve’s next moves in the face of persistently high inflation.

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Newsfeed: Home Robo-Flipper Opendoor “In Danger Zone” After Losing Money On 42% Of All Transactions

All Posts, Featured, Newsfeed / Guys

Last November, housing consultancy firm Zillow lobbed the first warning shot that the housing bubble had burst, when it shocked markets by firing 25% of its workforce, and announcing it had scrapped its robo-flipping program after losing hundreds of millions by allowing robots to buy and sell homes.

Newsfeed: Home Robo-Flipper Opendoor “In Danger Zone” After Losing Money On 42% Of All Transactions Read More »

Newsfeed: More homebuilders lower prices as sentiment falls for ninth straight month

Newsfeed: 10-year Treasury yield jumps to 3.51%, the highest level since 2011

Newsfeed: Home Robo-Flipper Opendoor “In Danger Zone” After Losing Money On 42% Of All Transactions

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