Source: The Ringer — While the broader economy is almost certainly not in a recession, the U.S. housing market is facing a painful reset. As the Federal Reserve raises interest rates to reduce inflation, the most rate-sensitive sector of the economy—which is...
Source: Business Insider —Â The average 30-year mortgage hit a 14-year high Wednesday, but that surge won’t spark a crash in the US housing market akin to anything seen in 2008, investment strategist Louis Navellier told Insider on Wednesday. Rates for the...
Source: SF Gate — Realtor.com, the second most visited website for real estate listings in the U.S., is laying off an undisclosed number of employees due to a recent slump in the housing market. Read...
Source: Yahoo — SCOTTSDALE, Ariz., September 13, 2022–(BUSINESS WIRE)–HomeLight, the real estate technology platform powering the nation’s best agents, published its Fall 2022 Top Agent Insights Report, featuring findings from a survey of over 1,000...
Source: Market Watch —Â Desperate times call for desperate measures, and times are, arguably, increasingly desperate. The persistence of high inflation might force the Federal Reserve to resort to the biggest increase in a key U.S. interest rate in more than 40...
Source: Money Control — Robert Armstrong Good morning. It’s CPI day. There is good reason for optimism that inflation will continue to abate, and not just because of gas prices. But as we like to repeat at Unhedged, there is no such thing as high and stable...