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Goldman Sachs makes a bold housing market call
Source: Yahoo! --- The U.S. housing market might finally be nearing the bottom. At least that's according to Goldman Sachs. Just two weeks after Goldman Sachs downgraded its outlook for the U.S. housing market in a paper titled Getting Worse Before Getting Better, the...
UWM Chairman and CEO Mat Ishbia to Buy NBA Team Phoenix Suns in $4bn Deal
Feb. 7, 2023 (Staff Writer)- Mat Ishbia, Chairman and CEO of mortgage lender United Wholesale Mortgage (UWM), received approval from the NBA Board of Governors to purchase a 57% share in the Phoenix Suns. Ishbia will be sharing ownership with his brother, Justin. Mat...
Will the housing market crash in the US in 2023? Here’s what the experts say
Source: AS --- The housing market is down from its peak in the summer of 2022 cooled by rising borrowing rates and many previously red-hot markets being overvalued. But will the US see a housing market crash in 2023? While the general downturn is expected to continue,...
The Most Undervalued Housing Markets in the U.S.
Source: US News --- During the earliest months of 2020, prior to pandemic-related lockdowns in the U.S., the housing market was continuing to gain strength on the back of a solid but slow-growing economy with low unemployment. In January of that year, thanks to a...
6 leading real estate economists and pros on what to expect from the housing market this winter
Source: Market Watch --- Some aspiring homebuyers are in for some much-needed relief. “Right now might appear more appealing to some buyers because, recently, the housing market has been cooling. Prices are dropping in many areas, housing supply is rising, sellers are...
Economist who called 2008 housing crash predicts another 15% drop in home prices
Source: Fox Business --- A U.S. economist famous for predicting the 2008 housing crash believes that home prices could plunge another 15% this year. In a recent analyst note, Ian Shepherdson – the founder and chief economist of Pantheon Macroeconomics – suggested that...
