Single-family rent growth fell to a two-year low to start 2023, according to the latest data from CoreLogic’s Single-Family Rent Index. Lower-Priced Still Leads. Unfortunately, lower-priced rentals are still seeing the highest appreciation at 8.5% in January, down from 9.2%…
Existing-home sales skyrocketed in February, according to the latest from the National Association of Realtors. End Of An Era. The median existing-home price for all housing types fell to $363,000, a decline of 0.2% from February 2022. This ends a…
Housing inventory climbed for the first time since January, according to the weekly survey from Altos Research. Home Prices. The median single-family home price in the U.S. is $429,900, up .25% from last week and up 7.0% from the same…
Asian markets fell across the board ahead of Chinese President Xi Jinping’s meeting with Russian leader Vladimir Putin in Moscow. The Hang Seng Index took the biggest hit with 517 points drop, or 2.65%, followed by Japan’s Nikkei and the…
NIALL FERGUSON: History of Banking Crises Holds a Warning for Jay Powell…(Bloomberg) LUXURY FOR LESS: Home sales to Americans have increased significantly, giving them a chance to enjoy a lifestyle they could not afford in major U.S. cities, but the…
Tuesday 10:00 AM: Existing home sales are expected to jump 5.0% to an annual rate of 4.2M. Wednesday 3:00 AM Inflation rate in the UK is expected to fall to under double digits to 9.8% 7:00 AM Mortgage demand and…
After last week’s jobs report very few were expecting a drop in rates. However, the uncertainty of the US and global banking system put some strong downward pressure on rates. The big question now is what will the Fed do…
Despite recent bank failures and concern about the global banking system the vast majority of Americans still support banks, according to the latest poll from Morning Consult. More Money More Confident. 77% of Americans who make over $100k said they…
We have finally seen the first year-over-year price decline since 2012, according to the latest data from Redfin. Struggle For Buyers & Sellers. Andrew Vallejo, a Redfin real estate agent in Austin, TX, says it is an adjustment for both…