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Home prices continue decelerating across country, per new report
Source: Bankrate --- Could housing prices finally be coming back down to earth? Home-price growth continued to decelerate for the sixth straight month in September 2022. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released November 29,...
U.S. Housing Market Moves Closer to Favoring Buyers; Sellers’ Markets Show No Sign of Slowing Down
Source: PR Newswire --- Knock Buyer-Seller Market Index shows that nation's largest housing markets did not favor buyers or sellers in October The shift toward buyer-favorability is occurring in neutral and more-buyer friendly markets, while the hottest sellers'...
More of Your Paycheck Is Going to Pay Rent. Which Cities Are Keeping Pace?
Source: The New York Times --- With skyrocketing rents, landlords aren’t just taking more of your cash — they’re spending more of your time. The typical full-time employee in the United States worked nearly 63 hours in October to pay an average rent of $2,040 — almost...
Home Prices Drop for Third Straight Month as US Market Cools
Source: Bloomberg --- The US housing market pulled back even more in September, with prices slipping 1.2% from a month earlier. It was the third straight decline for the seasonally adjusted measure of prices in 20 large US cities, according to the S&P CoreLogic...
Housing Market Decline: Home Prices Continued Three-Month Decrease In September
Source: Forbes --- TOPLINE Home prices continued to decline for the third-straight month in September, according to data released Tuesday, after the housing market reported its largest deceleration ever in August. KEY FACTS Home prices declined by 1.2%...
Bank of America CEO predicts two years of pain ahead in the housing market
Source: CNN Business --- New YorkCNN Business — The CEO of one of the nation’s largest banks is preparing for an economic downturn in 2023. But he’s also hopeful that the likely recession will be brief and “mild.” Bank of America (BAC) CEO Brian Moynihan said in an...
