Tag Archives: Recession

Improved mortgage rate outlook could bode well for home sales

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Fannie Mae economists are not quite as gloomy about the 2023 home sales outlook as mortgage rates retreat from 2022 highs, with more room to ease. Continue reading →

Prices will fall in 2023. But savings will be negligible due to headwinds

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Home prices could fall by 8 percent, but rising mortgage rates and a “mild recession” will blunt the savings in buyers’ pockets, according to Capital Economics’ new U.S. Housing Market Outlook. Continue reading →

As Fed walks a tightrope, the balance may swing on housing

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Central bank policymakers are trying to tame inflation while avoiding a deep recession. The home market could throw a wrench in those plans. Continue reading →

10 financial ‘don’t’s’ heading into a recession

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Impulse purchases may come back to haunt you when you are presented with an investment opportunity but have no ability to capitalize due to past financial recklessness. Carl Medford offers 10 common sense spending strategies to ensure you’re set up for… Continue reading →

Never created a real estate budget? 11 smart-money tips to help

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In real estate, nothing is guaranteed. Plan ahead, and build good financial habits with these essential budget tips to weather the many seasons of the real estate market, Ojo Labs’ Chris Heller writes. Continue reading →

Keller Williams posts ‘less than pleasing’ 3% drop in sales volume

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After four straight quarters of declines in transaction volume, new listings, projected closings and written contract volume, Keller Williams’ year-to-date sales volume finally took a three percent tumble to $414.7 billion. Continue reading →

Hints of more layoffs loom at Mr. Cooper as profits wane in Q3

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While growing loan servicing business remains profitable, according to Q3 earnings, paper gains on servicing rights could evaporate if interest rates fall and borrowers refinance out of portfolio. Continue reading →

As US economy zigs upward again, real estate sags

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Hits to broker commissions and home construction drove a decline in real estate gross domestic product in the third quarter of the year, new data shows. Continue reading →

Robert Reffkin gets real at Compass REtreat: ‘Hope is not a strategy’

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At his company’s annual REtreat in Atlanta, Compass CEO Robert Reffkin used his keynote to give an honest and intimate review of his company’s post-IPO performance and cast a vision for the future. Continue reading →