Subscribe to Email News Updates
Mortgage market slumps – is this the solution to boost business?
Source: MPA Mag --- Amid a sluggish housing market with a backdrop of inflation, marketing has gained heightened importance as brokers struggle to differentiate themselves in the industry. Now, one marketing expert offers advice on how to go about it. Natalie Mullen...
Fed Chair Powell says smaller interest rate hikes could start in December
Source: CNBC --- WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead even as he sees progress in the fight against inflation as largely inadequate. Echoing recent statements from other central...
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...
“Collapse” in home prices is coming, experts say
Source: Axios --- The residential real estate market has screeched to a halt, and some economists believe home prices are about to drop significantly. The big picture: Existing home sales have fallen for nine straight months. The supply of single-family homes is...
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...
Millions of housing units are needed in the US
Source: The Real Deal --- One of the biggest reasons affordable housing isn’t available in the most expensive cities in the U.S. is because those localities aren’t permitting enough homes to be built in them, the Atlantic reports. Some areas have allowed housing to...
