Following March’s modest rise in Housing Starts and Permits, analysts expected reality to catch up with the homebuilder market in April (just as we saw in the NAHB sentiment survey slumping to 2 year lows).
Newsfeed: US Housing Starts, Permits Plunge In April As Mortgage Rates Soar Read More »
When looking at the Florida real estate market, many eyes drift to the southern part of the state. NAI Hallmark managing partners Keith Goldfaden and Christian Harden say there’s another “fast-growing, dynamic city that’s become a hotbed for real estate investment” due to a business-friendly environment, skilled employee base, strategic location for logistics, and—what can be a rarity these days—available land, and it’s in the north. It’s Jacksonville.
Newsfeed: Jacksonville Shows Florida’s Real Estate Heat Read More »
The NAHB survey of homebuilder sentiment fell for the 5th straight month in May to its lowest since June 2020… but has a long way to go to catch down to homebuyer sentiment…
Federal Reserve Chair Jerome Powell on Tuesday pledged that the U.S. central bank would ratchet interest rates as high as needed to kill a surge in inflation that he said threatened the foundation of the economy.
Newsfeed: Fed’s Powell vows to raise rates as high as needed to kill inflation surge Read More »
Fresh signs that major economies are slowing even as prices shoot higher cast a shadow over a nascent risk rally in global markets, just hours into the start of the new trading week.
Newsfeed: Stagflation Risks Are Again Clouding a Global Market Rebound Read More »
All these curveballs will further fragment the housing market. Oh for the good old days of a nice, clean housing bubble and bust as in 2004-2011: subprime lending expanded the pool of buyers …
Newsfeed: Curveballs In The Housing Bubble Bust Read More »
A mass exodus of money, an $11 trillion wipeout, and the worst losing streak for global stocks since the 2008 financial crisis. The bad news is that it may not be over yet.
Newsfeed: $11 Trillion and Counting: Global Stock Slump May Not Be Over Read More »
In the week ending May 12, mortgage rates rose for the ninth time in ten weeks. 30-year fixed rates rose by three basis points to 5.30%. 30-year fixed rates jumped by 17 basis points in the week prior.
Newsfeed: US Mortgage Rates Rise for the Ninth Time in Ten Weeks Read More »
A new study by Lending Tree found Generation Z (ages 18 to 24) are purchasing homes in America’s least expensive “flyover” cities while barely entertaining homeownership in pricey coastal cities.
Newsfeed: Gen Z Homebuyers Flock To These Inexpensive Metro Areas Read More »
Amid a historic stretch of inflation over the last year, the cost of housing (especially rent) has been one of the most significant pressures on household finances.
Newsfeed: These Are The American Cities Where Rents Rose The Most Read More »