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The Housing Recession Is Coming

The Housing Recession Is Coming

by Third Party | Sep 18, 2022 | Industry Updates, News/Current Events, U.S. Housing Market

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...
A crash of the US housing market is ‘very unlikely’ even as mortgage rates surge to 14-year highs

A crash of the US housing market is ‘very unlikely’ even as mortgage rates surge to 14-year highs

by Third Party | Sep 17, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Business Insider —  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...
Another real estate tech company lays off workers in response to housing slowdown

Another real estate tech company lays off workers in response to housing slowdown

by Third Party | Sep 17, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

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...
Real Estate Squeeze: Rising Interest Rates and Stubborn Sellers Price Out Middle Class Homebuyers

Real Estate Squeeze: Rising Interest Rates and Stubborn Sellers Price Out Middle Class Homebuyers

by Third Party | Sep 17, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

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...
The biggest Fed rate hike in 40 years? It could be coming next week.

The biggest Fed rate hike in 40 years? It could be coming next week.

by Third Party | Sep 16, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market

Source: Market Watch —  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...
Housing inflation is dead

Housing inflation is dead

by Third Party | Sep 16, 2022 | Industry Updates, News/Current Events, U.S. Housing Market

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...
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