Source: Fox Business — The U.S. housing market suffered the biggest drop in value since 2008 as home prices came crashing down. That’s according to a new report from real estate brokerage firm Redfin, which showed that the total value of U.S. homes...
Source: Realtor.com — The housing market today remains in a hazy no man’s land, with neither buyer nor seller willing to surrender what little control they have. Buyers face the dual enemies of high home prices and mortgage rates, which have been bouncing...
According to a new report from RedFin, an online real estate brokerage, home-purchase applications dropped to the lowest level since 1995 last week as mortgage rates jumped on expectations that the Federal Reserve will need to raise interest rates again to combat...
Coast Energy, an independent power producer that develops, owns and operates renewable distributed generation and storage projects for commercial and industrial (C&I) real estate, announced that it has acquired an 8.6 megawatt project in the Town of Brookhaven on...
Source: Redfin — As mortgage rates rise, serious homebuyers are scarce. But plenty of people are searching for homes online and touring them, waiting until rates decline to buy. The median U.S. home-sale price was $348,000 during the four weeks ending February...
Source: The Washington Post — The economy has been stronger and inflation stickier than markets and forecasters expected at the start of 2023, prompting traders to place bets that the Federal Reserve could ultimately raise rates as high as 6% — a level not seen...
Alan Greenspan, 5-Term Federal Reserve Chairman, Dies at 100
