More than a third of U.S. homebuyers believe a recession is coming next year, according to new data from realtor.com, with many also saying they’ll halt their housing search if or when a downturn finally arrives. Continue reading
Housing won’t be to blame and the recession won’t be anything like 2008 for the industry, according to Keller Williams New York City CEO Mark Chin. Continue reading
The inversion of the yield curve — when long-term interest rates drop below short-term interest rates — this week, was seen as a warning sign to many that another recession was looming. But Friday morning’s housing start data means we shouldn’t sound t… Continue reading