Source: Fox Business — Florida Republican Gov. Ron DeSantis has sent a warning to Chinese investors to stay out of the Sunshine State and threatened to take additional action to drive out the Chinese Community Party’s (CCP) influence. “I applaud the...
Source: NAHB — NAHB Chief Economist Robert Dietz recently provided this housing industry overview in the bi-weekly e-newsletter Eye on the Economy. Housing data for the end of 2022 illustrate a market continuing to weaken because of low housing affordability,...
Source: Yahoo! — Speaking to reporters in September, Fed Chair Jerome Powell was asked to clarify what he meant when he said spiking mortgage rates would cause a housing “reset.” The meaning, he said, was that the U.S. housing market would slip into...
Source: Fox Business — As the Federal Reserve continues its hawkish market reset – which has contributed to a rise in interest and mortgage rates – real estate experts are sounding the alarm that “big trouble” lies ahead for the U.S. market....
Source: The Week — Amid peaking prices due to inflation and murmurs of an upcoming recession, you might be wondering: What’s up with the housing market for 2023? Mortgage rates started to decline in the final weeks of 2022, and demand for housing is...
