No more New York: People are trying to flee the Empire State for warmer destinations. Here’s why.
admin New York, maybe the people don’t quite love you anymore. According to a new report…
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Fed will tolerate a recession, and 5 other things we learned from Powell’s presser
But there were a lot of moving parts to the Fed’s message. Here are six…
Read MoreThese are the most — and least — vulnerable housing markets if the U.S. heads into a recession
With interest rates on a 30-year mortgage topping 6%, the housing market is under pressure.…
Read MoreMortgage applications rise for the first time in six weeks, even with rates rising to 6.25%
The numbers: Home shoppers are fed up waiting for the economy to turn, and with…
Read MoreMortgage applications rise for the first time in six weeks, even with rates rising to 6.25%
The numbers: Home shoppers are fed up waiting for the economy to turn, and with…
Read MoreU.S. housing starts rebound in August on new apartment construction
The numbers: Construction on new U.S. homes rose a seasonally adjusted 12.2% in August to…
Read More‘Some companies are closing their doors, others are shutting down divisions’: Rocket CEO outlines plans to navigate the dramatic decline in mortgages
The mortgage industry is struggling with higher rates and a sharp drop in buyer demand.…
Read MoreZillow sees peak rent growth as over, but that isn’t what the Fed’s tracking
A look at Zillow Group’s closely followed rent index shows that last year’s roughly 17%…
Read MoreHome builders say ‘housing recession shows no signs of abating’ as builder sentiment drops further
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence fell 3 points to…
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Home values fell in August, the largest monthly decline since 2011. Some cities see house prices drop by 3%.
Home values are edging down as buyers remain spooked by high mortgage rates, according to…
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