Tag Archives: Markets & Economy

Poll shows most Americans still think it’s a bad time to buy

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Consumer sentiment ticked up slightly in March as confidence in selling conditions improved and fewer people worried about losing their jobs. Continue reading →

Real estate adds fewer jobs in an otherwise strong US hiring month

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The start of spring usually marks more brokerage transactions and ramped-up construction schedules. But payroll growth was weaker in March, according to Bureau of Labor Statistics data. Continue reading →

Home sales are cooling — but the competition is red hot. What gives?

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New listings plunged 21.8 percent from a year ago, marking one of the most significant annual drops since the beginning of the pandemic, according to a new analysis of housing inventory by Redfin. Continue reading →

Renters of color spend 43% more on initial rental costs

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Zillow’s latest market report reveals Black, Latinx and Asian American Pacific Islander renters spent $15 more per application than their white counterparts. Renters of color also face higher denial rates, with the typical Black and Latinx renter apply… Continue reading →

Cash to burn: Do real estate’s big players have enough in the bank?

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Real estate businesses burned through billions in cash last year. Intel breaks down the biggest companies with the least wiggle room as economic uncertainty stretches into 2023. Continue reading →

Don’t knock the She Shed, guys — it could get you a 2.5% premium

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Amenities that appeal to cooking enthusiasts, like steam ovens, pizza ovens or professional-grade appliances, can also add as much as 5.3% more to a home’s sale price, a new analysis shows. Continue reading →

KC Conway on a big banking risk that has flown under the radar

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Hundreds of banks are exposed to large concentrations of commercial real estate — and high levels of risk, Red Shoe Economics’ K.C. Conway, a seasoned Federal Reserve veteran, told Intel. Continue reading →

23 objections you’ll hear now (and how to handle them)

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Objections can throw you for a loop, and there will be a new one every time. There are a variety of ways to respond, but the key is to make your response authentic, incorporating your unique style and voice. Continue reading →

Cash deals hit all-time high in Manhattan as sales plummet 38%

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The average sale price for a home in Manhattan fell 5 percent to $1.95 million while the median sale price fell 10 percent to $1.075 million, according to a quarterly market report by Douglas Elliman and Miller Samuel. Continue reading →