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Newsfeed: The Western housing market recession hit so hard and fast that a Fortune 500 firm that was riding high at  per share has crashed to

Newsfeed: The Western housing market recession hit so hard and fast that a Fortune 500 firm that was riding high at $34 per share has crashed to $1

Nestled in the sprawling desert community of North Las Vegas, the three-bedroom home at 6043 Clovelly St. perfectly embodies what has gone terribly wrong at Opendoor Technologies.

Newsfeed: The Western housing market recession hit so hard and fast that a Fortune 500 firm that was riding high at $34 per share has crashed to $1 Read More »

Newsfeed: Single-Family Building & Permits Jump As ‘Renter Nation’ Fades

Newsfeed: Single-Family Building & Permits Jump As ‘Renter Nation’ Fades

After February’s surprise surge in Housing Starts and Permits, driven largely by a brief dip in mortgage rates, the housing market’s data was expected to slide significantly in March data released today… and they did. However, while housing starts fell, it was less than expected (-0.5% MoM vs -3.5% exp but Feb’s 9.8% jump was revised down to +7.3%) but Building Permits plunged 8.8% MoM (vs 6.5% MoM drop) and Feb’s data was revised higherto 15.8% (from 13.8% MoM)…

Newsfeed: Single-Family Building & Permits Jump As ‘Renter Nation’ Fades Read More »

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