Tag Archives: inflation

Pointing to Ukraine war, Fed approves another drastic rate hike

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Federal Reserve Chairman Jerome Powell says the pace of rate hikes could slow but may ultimately need to go higher than the forecast in September. Continue reading →

Pointing to Ukraine war, Fed approves another drastic rate hike

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Federal Reserve Chairman Jerome Powell says the pace of rate hikes could slow but may ultimately need to go higher than the forecast in September. Continue reading →

The economic outlook for real estate: Dark days ahead?

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Instead of disputing the economic news, searching for a ray of sunshine, or ignoring it, Compass’ Rich Hopen goes beyond the headlines to understand what is going on. Continue reading →

Mortgage demand hits lowest level in 25 years as rates keep rising

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With a Fed meeting looming next week, rates on 30-year fixed-rate mortgages have surged well past the 7 percent threshold, a Mortgage Bankers Association survey released Wednesday shows. Continue reading →

‘The Airbnbust is upon us’: A tweet hints at Airbnb’s fall. But is it right? 

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Social media users claim short-term rental bookings are collapsing. But the data tells another story. Inman reached out to Airbnb and to some experts who follow the short-term rental space. Continue reading →

Regret, reduce, relocate: The 6 biggest US luxury trends of 2022

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Amid a persistent uptick in interest rates, lingering inflation and economic uncertainty, luxury homebuyers are changing habits ever so slightly. Coldwell Banker notes six big trends to watch. Continue reading →

Mortgage rates punch through 7% but may pause for Fed clues

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Several Fed policymakers have hinted that they’d be open to a smaller increase in short-term rates in December if there are signs that inflation is starting to ease. Continue reading →

Inflation up 8.2% over last year — and housing is largely to blame

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The government’s estimate of the cost of owning a primary residence rose 0.8 percent in September and was up 6.7 percent compared to a year ago, which is the largest 12-month increase in the category’s history. Continue reading →

For the first time, Fannie Mae now expects home prices to fall next year

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Economists at Fannie Mae project national home prices to decline by 1.5 percent and home sales by 21 percent in 2023 as Fed continues inflation fight. Continue reading →