The post Economist who called 2008 housing crash predicts another 15% drop in home prices appeared first on Weekly Real Estate News.
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Foreigners bought $53B in US existing home sales, a 10% drop
August 2, 2023
Mark Paul Cervantes
Housing Wire
Comments Off on Foreigners bought $53B in US existing home sales, a 10% drop
Higher borrowing costs across the world took a toll on annual foreign investment in U.S. existing homes last year. Foreign buyers purchased $53.3 billion worth of U.S. existing homes from April 2022 through March 2023, […]
North Carolina city ranked 2nd in US for biggest increases in housing prices
January 28, 2023
Allen Santos
Weely Real Estate News
Comments Off on North Carolina city ranked 2nd in US for biggest increases in housing prices
The post North Carolina city ranked 2nd in US for biggest increases in housing prices appeared first on Weekly Real Estate News.
‘Perfect Storm’ Could Slam Commercial Real Estate and US Financial System, Warns Economist Peter St Onge
May 22, 2023
Mark Paul Cervantes
Commercial Real Estate, Financial Markets, Top News, U.S. Market
Comments Off on ‘Perfect Storm’ Could Slam Commercial Real Estate and US Financial System, Warns Economist Peter St Onge
A weakening commercial real estate sector could be a canary in the coal mine for the US financial system at large, according to economist Peter St Onge. In a new video update, the analyst says […]