Inflation improved in April, but Fed not expected to budge on rates
Trump administration keeps up pressure on Fed, but investors don’t expect the U.S. central bank to cut short-term rates until September. Continue reading
Trump administration keeps up pressure on Fed, but investors don’t expect the U.S. central bank to cut short-term rates until September. Continue reading
While home purchases by investors rose 2 percent annually in the first quarter — to 46,726 transactions — condo sales declined by 3 percent, to just 8,509 units, according to data released Wednesday by Redfin. Continue reading
Even with more inventory entering the market, homebuyers are struggling with elevated mortgage rates, NAR Chief Economist Lawrence Yun said, leading to fewer signed contracts. Continue reading
Rental software company RealPage could soon see a reprieve from state and local efforts to ban its algorithmic pricing system thanks to a new tax bill passed Thursday by the House of Representatives under President Trump’s administration. Continue reading
Just for fun, Chris Drayer crunches the numbers to see which countries are buyer opportunities, which are seller plays and which hold must-watch investment potential. Continue reading
A surge in the Conference Board’s Consumer Confidence Index for May made the preliminary numbers from a similar U of M survey look “far too negative,” one economist told clients Tuesday. Continue reading
The S&P CoreLogic Case-Shiller National Home Price NSA Index rose by 3.4 percent on an annual basis in March and the Federal Housing Finance Agency’s Home Price Index rose 4 percent. Continue reading
Dr. Jeff Richmond explains how market shifts in the multifamily sector can impact the broader market and your real estate business. Continue reading
The sweeping bill was passed in the House on Thursday and now heads to the Senate for consideration. Industry players were pleased by some of the bill’s business-friendly tax provisions and other measures that may aid in homebuyer affordability. Continue reading
Sales of newly built single-family homes rose in April, pointing to continued buyer engagement during the spring homebuying season, the latest data from the U.S. Census Bureau and Department of Housing and Urban Development (HUD) suggests. New resident… Continue reading