Source: Quartz — The Federal Reserve hammered both sides of the housing market in 2022. Rising mortgage rates kept home purchases out of reach for many, while higher building costs made it difficult for sellers to reduce the prices of new homes. The National...
Source: Globest — Last week’s released housing data reflects a freeze in the real estate market, according to Patrick Carroll, CEO and founder, CARROLL Company. November’s U.S. housing starts data is continuing to decline and signals how 2022’s surge in...
Source: Yahoo Finance — The year 2022 brought a thriving residential home investment market to its knees. But you’d never have guessed that based on how the year started, with skyrocketing home values and bidding wars. When the Federal Reserve began raising...
Source: The Guardian — Inflation soared in 2022 amid Covid-19, the war in Ukraine and a broken supply chain – but here’s what we can expect next. Just a few years ago, inflation seemed like an issue the US and many other major western economies had...
Source: The Motley Fool — The single-family rental market is largely immune from the housing recession. One of the meta narratives this year has been the housing recession. Between rising mortgage rates and soaring home prices, there is an affordability crisis,...
Source: WUSF Public Media — Evan Paul and his wife entered 2022 thinking it would be the year they would finally buy a home. The couple — both scientists in the biotech industry — were ready to put roots down in Boston. “We just kind of got to that place...