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...
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...
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...
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...
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...
Hits and Misses for the Real Estate Week of June 29-July 3
