Tag Archives: Markets & Economy

Opendoor is expanding to Washington, D.C., Los Angeles

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Opendoor plans to expand to Washington, D.C., next year, marking a significant push into the notoriously difficult-for-iBuyers East Coast market. Continue reading →

Fed raises interest rate for the fourth time in 2018

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The Fed’s increase sets a target range for the federal funds rate of 2.25 percent to 2.5 percent. The increase of 25 basis points came as the “labor market has continued to strengthen and that economic activity has been rising at a strong rate,” accord… Continue reading →

Zillow Offers will launch in Dallas in 2019

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That brings Zillow Offers to a total of nine markets nationwide: it’s already operational in Phoenix, Las Vegas, Atlanta, Denver, and Charlotte, and has announced expansions to Raleigh, Houston and Riverside, California in the coming year. Continue reading →

Existing-home sales rise for second straight month

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Existing-home sales increased 1.9 percent month-over-month but failed to gain the same traction on a yearly basis with a 7 percent decline from November 2017. Continue reading →

Very few people believe now is a good time to buy a house

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The number of people who believe now is a good time to buy a house is dropping, according to findings released by the National Association of Realtors (NAR). Continue reading →

Housing starts and permits come in ahead of expectations

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Housing permits, new housing starts and completions are all trending upward from last month, but housing starts and completions are still at a lower rate than a year ago, according to the latest data from the U.S. Census Bureau. Continue reading →

Why 2019 will be the year of the first-time homebuyer

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As the year comes to a close, it’s time for Matthew Gardner, the chief economist for Windermere Real Estate, to dust off his crystal ball and see what we can expect in 2019. Continue reading →