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Q1 Household Debt Tops the $17 Trillion Level
Mortgage originations (including refinances), dropped in the first quarter to $324 billion, the lowest level seen since 2014. Continue Reading Q1 Household Debt Tops the $17 Trillion Level
Hits and Misses for the Real Estate Week of May 8-12
There’s 74,582,671 square feet of vacant office space in the city – which is enough to fill more than 26 Empire State Buildings. Continue Reading Hits and Misses for the Real Estate Week of May 8-12
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Federal government will back $1 million mortgages for the first time
Source: CBS News --- For the first time, the federal government will back mortgages of more than $1 million, a move that reflects the run-up in home prices across much of the nation. The Federal Housing Finance Agency (FHFA) on Tuesday said the maximum size of...
Rising Inventory Will Be the Housing Market’s Next Problem
Source: The Washington Post --- The US housing market is in an uneasy state of equilibrium. Demand has plummeted as mortgage rates hit a two-decade high, but prices haven’t declined much in part because supply remains correspondingly low. If borrowing costs don’t...
Keep An Eye On D.R. Horton In 2023
Source: Seeking Alpha --- Introduction I recently wrote an in-depth article on the housing market and home builders in the United States. While we will also discuss the core message in this article, the main takeaway is that major buyers are waiting until unemployment...
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