The Census Bureau reports New Home Sales in April were at a seasonally adjusted annual rate (SAAR) of 591 thousand.
Amid a slew of disappointing US Macro data, preliminary May US PMIs were expected to show slowdowns in btoh manufacturing and services, and the
Following the unexpectedly large decline in existing home sales (directionally not unexpected given the surge in mortgage rates, plunge in mortgage apps, slump in
We are seeing a significant change in inventory, but no surge in new listings. This means the increase in inventory is due to a
Scott Minerd, chief investment officer at Guggenheim, tells CNBC that if he was given $10,000 with a five year investment horizon he would not
WSJ reports that millions of Americans with subpar low credit scores are falling behind on paying their credit cards and automobile and personal loans.
The signs that the U.S. economy is starting to fall apart are rising to the surface, further indicating that a recession is likely on
The world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting poorer.
US Macro Surprise data slumped for the 5th straight week, back into negative territory at its weakest weekly close since Nov 2021…
A fee on US commercial mortgages has surged so high that borrowers can’t ignore it and may not be able to afford it.
There’s no way around it: if the Federal Reserve is going to get runaway inflation back under control, it’s going to cause some economic
A combination of high inflation and slowing growth is setting the U.S. on a path to stagflation, according to a renowned former Federal Reserve
Existing-home sales recorded a third straight month of declines, slipping slightly in April, according to the National Association of Realtors®.
Four major retailers — Walmart, Target, Home Depot and Lowe’s — reported quarterly financial results this week, and they each offered a different perspective on where and how people
If you took out a mortgage over the last couple of years, there’s a good chance the holder of that loan is America’s central
Mortgage rates actually fell slightly last week, but the damage has already been done to housing affordability.
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
When looking at the Florida real estate market, many eyes drift to the southern part of the state. NAI Hallmark managing partners Keith Goldfaden
The NAHB survey of homebuilder sentiment fell for the 5th straight month in May to its lowest since June 2020… but has a long
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
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