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Housing inventory may not rebound for some time, despite slowing market

Housing inventory may not rebound for some time, despite slowing market

by Third Party | Sep 21, 2022 | Mortgage Information, Real Estate News, U.S. Housing Market

Source: Washington Business Journals —  Inventory has been a closely-watched metric of the U.S. housing market during, and leading up to, the Covid-19 pandemic.   Read...
US housing market in ‘deep recession’ as homebuilder confidence tanks: economist

US housing market in ‘deep recession’ as homebuilder confidence tanks: economist

by Third Party | Sep 21, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: NY Post —  The US housing market is in the midst of a “deep recession” that could put pressure on the Federal Reserve to ease up on interest rate hikes, a prominent economist warned on Monday. Homebuilder confidence declined for the ninth straight month...
Analysis-China’s mortgage boycott quietly regroups as construction idles

Analysis-China’s mortgage boycott quietly regroups as construction idles

by Third Party | Sep 21, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Yahoo Finance —  BEIJING (Reuters) – Two months since many Chinese homebuyers stopped repaying mortgages to protest stalled construction on their properties, a lack of progress at more sites now threatens to intensify the boycott, despite...
Federal Reserve raises interest rates by 75 basis points for third straight month

Federal Reserve raises interest rates by 75 basis points for third straight month

by Third Party | Sep 21, 2022 | News/Current Events

Source: Fox Business —  The Federal Reserve on Wednesday raised its benchmark interest rate by 75 basis points for the third straight month as it tries to bring scorching-hot inflation under control, a move that threatens to slow U.S. economic growth and...
Commercial Mortgages: Why apartment rental rates keep growing

Commercial Mortgages: Why apartment rental rates keep growing

by Third Party | Sep 20, 2022 | Mortgage Information, Real Estate News, U.S. Housing Market

Source: Richmond Times Dispatch —  Martha and the Vandellas probably were not singing about financial markets in their 1965 hit “Nowhere to run … nowhere to hide,” but the song describes the feeling in the market for just about everyone. The possible...
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