Source: The Orange County Register — The nation’s homebuying slowdown is intensifying. The National Association of Realtors’ index of contract signings to purchase previously owned homes decreased 1% from a month earlier to 89.8. That followed a nearly 9%...
Source: Washington Examiner —Â For months, economists, academics, and elected officials have argued about whether the United States is in a recession. The “yes” camp points to negative gross domestic product growth in the first two quarters of 2022,...
Source: Tech Crunch — Startups that are catering to homebuyers are struggling as interest rates and inflation have climbed and inventory shortages continue in many markets. The latest casualty in the space is Reali, which announced that it has begun a...
Source: Florida Atlantic University — Home prices appear to have peaked in a growing number of U.S. markets, according to a July analysis by researchers at Florida Atlantic University and Florida International University. FAU’s Ken H. Johnson, Ph.D., and...
Source: New York Post — The Federal Reserve’s policy tightening has nudged the US housing market into a slump — and policymakers have yet to fully acknowledge the extent of the trouble, according to a prominent economist. Ian Shepherdson, a chief economist at...
Source: CBS News —Â Shopping around for a mortgage can be more than a little confusing. With all the variables to consider and industry lingo to learn, it’s almost like the home buying process was designed to leave you scratching your head. Like with any...
Fed Raises Rates for First Time Since 2023 as Housing Faces Renewed Pressur…
