Today’s homebuyers are exceptionally sensitive to mortgage rates with house prices so high — and they’ve found their tipping point.
There’s no sign of a slowdown in central bank gold buying. In February, central bank gold reserves rose by another 52 tons …
The housing environment is so unaffordable that certain banks lost money for each mortgage they financed last year — the first time that’s happened, according to the Mortgage Bankers Association.
Starwood Capital CEO Barry Sternlicht, who has a net worth of $4.6 billion, says inflation is going to drop—and it’s going to drop hard.
Bank implosions, stubborn inflation, an expanding money supply … They’re all symptoms of one BIG problem … The financial system is in trouble.
Podcast: Protecting Yourself Against a Bank Failure Read More »
Thanks to higher interest rates, turmoil at regional banks, and slowing rent growth, sales of apartment buildings are falling at their fastest rate since the subprime-mortgage crisis, the Wall Street Journal reports.
Newsfeed: Multi-Tenant Apartment Building Sales Drop 74%, The Most Since 2008 Read More »
Almost $1.5 trillion of US commercial real estate debt comes due for repayment before the end of 2025. The big question facing those borrowers is who’s going to lend to them?
Newsfeed: A $1.5 Trillion Wall of Debt Is Looming for US Commercial Properties Read More »
The sunbelt cities of Nashville, Tennessee, Austin, Texas and Jacksonville, Florida are among the hottest job markets in the country right now, according to an assessment of 380 metro areas conducted by the Wall Street Journal and Moody’s Analytics.
Newsfeed: “Explosive Growth”: Nashville, Austin Job Markets Are Hot, Hot, Hot Read More »
US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the wake of several high-profile bank collapses that risks damaging the economy.
Newsfeed: US Bank Lending Slumps by Most on Record in Final Weeks of March Read More »
There’s no sign of a slowdown in central bank gold buying. In February, central bank gold reserves rose by another 52 tons …
Newsfeed: Central Banks Double Down On Gold Buying Read More »