U.S. household debt passed the $17 trillion mark for the first time, according to data from the Federal Reserve Bank of New York. The newly published Quarterly Report on Household Debt and Credit reported a $148 billion (0.9%) increase to $17.05 trillion by the end of...
A federal regulator did a rare about face, a municipal legislator raised a controversy over property protection by gun-carrying guards and a member of our team received a well-deserved honor for his illustrious career. Looking into the wild and wooly world of real...
The global home decor market is expected to expand from $672.2 billion as of 2022 to $949 billion by 2032, a 3.6% CAGR, according to data from Market.us. North America held a market revenue share of approximately 39.7% in 2022, but the Asia Pacific market is...
The largest U.S. banks are footing the bill on replenishing the deposit insurance fund that was exhausted by the collapse of three regional banks within a month. According to a Reuters report, the Federal Deposit Insurance Corp. (FDIC) has introduced a new a...
The latest Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC) showed rates taking a slight drop from last week. The 30-year fixed-rate mortgage averaged 6.35% as of May 11, down from last week when it averaged 6.39%. A year ago at this time, the rate...
Last month saw a total of 32,977 U.S. properties with foreclosure filings, a 10% decline from the previous month but an 8% uptick from one year earlier. According to data from ATTOM, one in every 4,234 housing units had a foreclosure filing in April. Lenders started...
Hits and Misses for the Real Estate Week of Aug. 10-14
