As costs of home ownership rise, millions of Americans have been pushed out of the housing market, according to Harvard University’s annual State of the Nation’s Housing Report released Wednesday.
Kim Drotar is a public school teacher who rents an apartment in St Louis. But she doesn’t have the best neighbors.
Newsfeed: Rents across U.S. rise above $2,000 a month for the first time ever Read More »
Black Knight publishes a monthly Mortgage Monitor report that contains interesting information on the mortgage market and housing.
With US Macro Surprise data in freefall throughout May, expectations were for Manufacturing sentiment surveys to slide (ISM extending its weakness and PMI confirming its flash dip).
The S&P CoreLogic Case-Shiller national home price index showed prices were up 20.6 percent in March compared with 12-months earlier. That is a faster pace than the 20 percent gain in February.
Populations of cities and towns in the South and West regions of the United States still experienced the most growth from July 2020 to July 2021, with the top 15 fastest-growing cities or towns located in these regions, according to new population estimates for cities and towns, released by the U.S. Census Bureau today.
Newsfeed: Fastest-Growing Cities Are Still in the West and South Read More »
Nearly every community in the U.S. is feeling the effects of an overvalued housing market, particularly in some smaller cities in states like Idaho and Tennessee where many sought out a new home during the pandemic.
Newsfeed: Here are the top 25 most overvalued housing markets in the US Read More »
The current housing market is an interesting one, to say the least. Right now, home prices are up on a national level while borrowing has gotten fairly expensive. That’s putting a lot of would-be buyers in a tough spot.
Newsfeed: 3 Real Estate Trends to Watch Out For in May Read More »
Our updated forecast includes an expectation of a modest recession in the latter half of 2023 as we see a contraction in economic activity as the most likely path to meet the Federal Reserve’s inflation objective given the current rate of wage growth and inflation.
Newsfeed: Inflation Rate Signals Tighter Monetary Policy and Threatens ‘Soft Landing’ Read More »
Federal Reserve Chair Jerome Powell abandoned his “transitory” inflation narrative months ago and has since steered the central bank toward its tried-and-true playbook for taming inflation: Raise interest rates until demand recedes and soaring price growth abates.