Tag Archives: Markets & Economy

Home appreciation slows, but prices remain out of reach

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A pair of reports from Zillow and Redfin paint a picture of slowing price growth, but homes remain unaffordable to the middle class in many major metros. Continue reading →

Home prices in November climbed nearly 6% year-over-year

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U.S. home prices rose 0.4 percent from October to November and 5.8 percent year-over-year, according to data from the Federal Housing Finance Agency. Continue reading →

Existing-home sales decline in December after 2 months of gains

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Existing-home sales declined 6.4 percent in December to a seasonally adjusted rate of 4.99 million, following two straight months of consecutive gains. Continue reading →

CEOs most worried about global recession in 2019

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Home prices aren’t rising as fast as they used to, but could a recession be on the horizon? It’s the top external concern of business leaders around the world for 2019, according to the “C-Suite Challenge 2019,” a global survey … Continue reading →

The shutdown is tripping up real estate deals across the country

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With no end in sight to the shutdown — which began in December and hinges on political leaders disagreement over funding for a border wall — Realtors say the dire affects are seeping into more and more corners of the industry. Continue reading →

Microsoft is putting up $500M to help affordability crisis in Seattle

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Microsoft announced Wednesday a plan to invest $500 million in affordable housing solutions for Seattle and the Puget Sound area in Washington, to alleviate the stress tech job growth is putting on the housing market. Continue reading →

Builder confidence rises due to falling mortgage rates

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Builder confidence for newly-built single family homes is rising due to falling mortgages, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The HMI rose two points in January to 58 on an index… Continue reading →

Reminder: The deadline to file your 1099-MISC forms is Jan. 31

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The deadline for employers to report payments to contract workers on form 1099-MISC along with W-2 and W-3 forms is January 31. Continue reading →