Tag Archives: Recession

Why millions of Americans WANT the housing market to crash

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Some renters think a crash would help them buy a home. But a surprising number of homeowners also think a major downturn would be a good thing, LendingTree survey finds. Continue reading →

Navigating economic turbulence to elevate your real estate career

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Amid the current economic turmoil, including fears of a potential recession and recent significant stock market declines, real estate professionals must remain vigilant and adaptable, Victoria Kennedy writes. Continue reading →

Homebuyers still waiting for more listings and lower mortgage rates

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The Fed doesn’t have direct control over mortgage rates, but they’ve been coming down as investors are increasingly convinced that policymakers will be cutting rates at their three remaining meetings this year. Continue reading →

It will take time for falling rates to translate into sales: Fannie Mae

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Affordability challenges will limit growth in home sales to 0.5 percent this year — to just 4.78 million — before surging to 5.19 million in 2025, according to the latest housing forecast from Fannie Mae economists. Continue reading →

Mortgage rates trending down as Fed rate cuts seen as certain

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Investors see a September rate cut as a certainty, but the latest inflation data suggests recession fears are overblown and the Fed will start out with a modest, 25-basis point reduction. Continue reading →

Mortgage rates are in free fall on a triple whammy of economic news

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Jobs reports trigger recession fears, sending rates on 30-year fixed-rate mortgages plunging to new 2024 lows as investors rotate out of stocks and into bonds. Continue reading →

Housing market bubble ready to ‘pop’ in the South, analyst warns

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Nashville-based analyst Nick Gerli sparked a social media firestorm with claims of a bubble. But economists dismissed fears, saying the area is home to some of the ‘most normalized’ markets in the country. Continue reading →

JPMorgan Chase CEO warns of higher rates, more inflation

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Jamie Dimon thinks interest rates could rise to 8 percent or more. He also said in a new letter that a recession and stagflation could be in the offing. Continue reading →

Gary Keller says ‘right now, real estate is in a recession’

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The real estate industry took a beating in 2023 — rising mortgage rates froze home sales, consumer sentiment slid to new lows, several landmark lawsuits threatened buyer-broker commissions, and the National Association of Realtors couldn’t keep itself … Continue reading →

Blowout January jobs report has mortgage rates surging again

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Employers added 353,000 workers to their payrolls in January, a “head scratching” jobs report from the Labor Department that kills prospects for a March rate cut “stone dead,” economist says Continue reading →