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...
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,”...
Source: The Ascent — I’m sure a lot of people would love to forget about the state of the housing market in 2022, but unfortunately, we’ve probably still got a ways to go before things significantly improve from high prices and high mortgage rates....
Source: US News — In January 2020, when there was news of a novel coronavirus starting to circulate around the globe but no talk of disruptions to daily life in the U.S., the housing market was continuing to strengthen slowly. The median-price home was more...
Source: Fortune — 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 call, researchers...
Source: Yahoo! News — The housing market is coming off one of its most challenging years since the financial crisis, but signs of a turnaround are emerging early in 2023, according to Redfin (RDFN) CEO Glenn Kelman. “The market could still easily...
