National Association of Realtors (NAR) Chief Economist Lawrence Yun faulted the Federal Reserve for last week’s quarter-point rate hike, claiming it was unnecessary and predicted it will be the last hike for the near-future. Speaking before NAR’s 2023 Realtors...
A California county is under siege by fraudsters pretending to be property owners and tricking real estate agents into selling properties they do not own. According to a press statement from the Office of the District Attorney for San Luis Obispo County, the...
When it comes to luxury shopping in Manhattan, the ultra-rich are bypassing Tiffany’s and Bloomingdale’s and buying up office properties. According to a Bloomberg report analyzing data from Savills, seven of the 11 New York office property acquisitions completed in...
The Person of the Week spotlight is shining on Kelly Mangold, principal at RCLCO Real Estate Consulting in Bethesda, Maryland, and the subject is today’s housing scene. The first question is a broad question: What is the state of the U.S. housing market today?...
Mortgage credit availability dropped in April to a level not seen since January 2013, according to the latest Mortgage Credit Availability Index (MCAI) report from the Mortgage Bankers Association (MBA). The MCAI dipped by 0.9% to 99.6 in April – the index was...
Federal Reserve Chairman Jerome Powell has become the one of the most unpopular individuals in Washington, according to a new Gallup Poll measuring how Americans view the nation’s leaders. Powell scored a 36% approval rating, which is both his lowest Gallup...
A Phil Hall Op-Ed: So, I Asked ChatGPT to Predict 2027’s Housing Mark…
