Source: New York Post — Pain across the US housing market that began last year is likely just getting started if interest rates remain high, star economist Ken Rogoff warned on Tuesday. Rogoff, a professor at Harvard University and former top economist at the...
Source: Reuters — Jan 18 (Reuters) – Federal Reserve policymakers on Wednesday signaled they will push on with more interest rate hikes, with several supporting a top policy rate of at least 5% even as inflation shows signs of having peaked and economic...
Source: The Salem News — With mortgage rates spiking above 7% for the first time in 20 years, the pandemic-fueled housing boom came to a screeching halt in 2022. The after-effects of easy monetary policy, skyrocketing energy prices, and supply chain issues...
Source: US News — Just how badly did the housing market end 2022? That may be clear this week as a bevy of reports for December are released that will shed some light on the housing market: the number of new permits issued and homes on which construction has...
Source: firsttuesday Journal — When it comes to California’s housing crisis, residents are saying enough is enough. Last November, Californians voted on transformative housing measures in their cities amid a long-simmering statewide shortage. The 2022 midterm...
Source: The Salem News — There is one troubling word that Freddie Mac’s chief economist Sam Khater uses to describe the winter 2023 housing market: weak. “The housing market remains in the doldrums with declining sales, inventory and prices,”...