Federal Reserve Chairman Kevin Warsh delivered a difficult message for the housing industry Friday: The Fed sees the strain in housing, but that weakness is not enough to shift its attention away from inflation. Speaking at the Federal Reserve Bank of Kansas City’s...
I have lost track of how many times housing has supposedly been six months away from getting better. There is always another forecast. Rates are going to come down in the spring. Buyers will return after some future event. Inventory will improve next year. The Fed...
I keep hearing some version of the same conversation in housing. When the Fed finally gets rates down, buyers will come back. Mortgage rates will improve. Transactions will pick up. Maybe we can finally get this market moving again. I understand why people think that...
Question: What housing markets are currently considered to be the hottest? Answer: It depends which data report you consult. And a pair of newly Realtor.com published its list of Top Metros for New Construction, which involves an analysis of the 100 largest metros...
The Mid-Atlantic region recorded a total of 13,117 transactions closed in January, up 8.5% increase from one year earlier, while the total of 14,971 new pending sales in January was down 5.2% from one year ago, according to data from Bright MLS. Showing activity was...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
