“I had to look for another job to pay the mortgage after the interest increase”
Source: World Nation News — Added to the increase in shopping cart prices is the increase in interest rates, which is causing trouble for mortgage holders. In just one year, Euribor has gone from negative (-0.56% on January 24, 2022) to over 2% (specifically,...
National home prices have further to fall, say 24 leading housing market researchers—while 5 firms think prices have bottomed
Source: Yahoo! Sports — On Jan. 10, researchers at Goldman Sachs downgraded their outlook for the U.S. housing market in a paper titled “Getting worse before getting better.” Instead of U.S. home prices falling 4.1% in 2023, which was their November...
5 facts for investors to consider
Source: J.P. Morgan Wealth Management— Market update: Off to the races With a gain of more than 2%, the S&P 500 is headed into the weekend firmly above 4,000 for the first time since mid-December. The breadth of the rally was wide, with nearly 400 stocks in...
Inflation and housing market: Decoding latest number
Source: Longview News Journal — There’s good news on the inflation front: December marked the sixth straight month that the U.S. rate of inflation has decreased. According to the latest figures from the U.S. Bureau of Labor Statistics, released Jan. 12, the...
Experts bash Goldman Sachs prediction of a 2008-level housing crash
Source: Axios — A New York Post article reporting that Goldman Sachs has forecast a 2008-level housing crash in Phoenix sent ripples through the Valley’s real estate industry last week. Yes, but: Local experts called the report “hyperbolic,”...
Real Estate News
The Industrial Town That’s Become Australia’s Hideout for the Ultra Wealthy
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https://wrenews.com/?p=22872
Experts bash Goldman Sachs prediction of a 2008-level housing crash
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https://wrenews.com/experts-bash-goldman-sachs-prediction-of-a-2008-level-housing-crash/
Russian oligarchs invest in US commercial real estate, bypassing sanctions as feds warn banks
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https://wrenews.com/?p=22867