Tag Archives: Markets & Economy

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 →

CoStar sees revenue, profit jump in Q3 despite slowing housing market

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In an earnings call Tuesday, the real estate giant pointed to its Apartments.com business as a particularly successful standout in an otherwise challenging market this summer. Continue reading →

Not a one-off: Home prices dropped further — and faster — in August

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A reversal in home price growth in July deepened into August as prices declined by 0.9 percent, according to the latest S&P CoreLogic Case-Shiller report. They remained up 13 percent from last year. Continue reading →

Create future income: Secrets for maximizing your real estate investments

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The emerging buyer’s market, with increasing inventory and falling prices, offers a golden opportunity for you to invest in real estate to create income now and in the future. Trainer and author Bernice Ross provides steps to help you choose an investm… Continue reading →

Side carries out new round of layoffs amid slowing market

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The latest round of cuts comes after the company laid off 10 percent of its workforce in June. Side’s layoffs are among dozens of others in the housing industry this year. Continue reading →

How to bank on real estate to fund your retirement

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Because real estate is a hard asset that keeps pace with inflation, it’s one of the most powerful hedges available to protect the growth of your investment. Trainer and author Bernice Ross offers insight into the impact real estate can have on your lon… 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 →

Nearly a third of income gobbled up by monthly mortgage payments now

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The share of income required to afford a mortgage has risen to 30.2 percent, well above the established norm of 22.8 percent of a homeowner’s income, according to an analysis by Zillow released Thursday. Continue reading →