Tag Archives: Markets & Economy

‘An awakening’ to New Hampshire as luxury 2nd-home destination

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The pandemic first started opening luxury buyers’ eyes to New Hampshire’s second-home-market opportunities, and now more and more ultra-luxury buyers are catching on. Continue reading →

Controversial Florida foreign buyer ban survives 1st major court battle

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U.S. District Judge Allen Winsor denied a request by plaintiffs to stop the state from enforcing the law because it is based on citizenship, not race, so does not violate the Constitution and fair housing. Continue reading →

How to counteract Gary Keller’s latest recession prediction

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In opening remarks at Keller Williams’ Agent Mega Camp, Gary Keller predicted a “rolling recession” in 2024. What is it and what does it mean for you and your clients? Continue reading →

Redfin CEO says housing sales volume has hit ‘rock bottom’

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Redfin CEO Glenn Kelman on Wednesday told MarketWatch that current transaction levels — sustained primarily by people who absolutely need to move — are about as low as they ever get. Continue reading →

Mortgage rate surpasses 7% in new 2023 high as demand falls again

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Even after adjusting for seasonal factors, applications for purchase loans fell for the fifth-straight week as mixed inflation data raised doubts that Fed will ease, pushing mortgage rates to new highs. Continue reading →

Texas, Florida buyers are trading civil rights for affordability: Redfin

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Residents in Florida and Texas would rather live in states with abortion care and LGBTQ rights, but affordability worries force them to stay in their current states, according to a new Redfin survey. Continue reading →

In crucial Q2, real estate separated wheat from the chaff: Intel analysis

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The biggest publicly traded brokerages and tech companies significantly slashed losses in the second quarter, restoring investor confidence, according to an exclusive Intel analysis of Q2 earnings data. Continue reading →

A stock analyst reveals the 2 big winners from Q2 earnings season

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Among the publicly traded real estate enterprises to release second-quarter earnings reports this month, two companies stood out for John Campbell, a managing director at analytics firm Stephens. Continue reading →

Rating agencies issue more cautions about banking industry

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It’s not just regional banks but larger lenders, such as JPMorgan and Bank of America facing uncertainty if interest rates stay higher for longer, analysts said. Continue reading →