U.S. Housing Market
INSIGHT: US housing market to hit demographic wall by 2030s
The post INSIGHT: US housing market to hit demographic wall by 2030s appeared first on Weekly Real Estate News.
Month: March 2023
Housing Wire
Title revenue declines by 19% in 2022
Title industry revenue dropped 19% year over year in 2022, according to data released Thursday by Fitch Ratings. This 19% decline is on a GAAP basis for the Fitch Ratings title universe, which includes Fidelity […]
International
Officials: China Real Estate Recovering From Debt Crackdown
BEIJING (AP) — China’s vast real estate industry is recovering from a slump triggered by tighter debt controls, a deputy central bank governor said Friday, after a wave of defaults by developers rattled global financial […]
Housing Bubble
Mortgage rates rise for the fourth week in a row
Washington, DCCNN — Mortgage rates shot up for the fourth consecutive week, as inflation concerns remain. The 30-year fixed-rate mortgage averaged 6.65% in the week ending March 2, up from 6.5% the week before, according to […]
Inflation
Zimbabwe adopts new inflation rate based on U.S. dollar, local currency
Zimbabwe will from now on measure inflation using a weighted average of items priced in Zimbabwean dollars and U.S. dollars, the government said on Friday. Previously the official rate was based only on items in […]
Housing
Historic Charleston school undergoing $42M renovation into housing units
The former Henry P. Archer Elementary School building, which opened in 1936 on Charleston’s eastside, is undergoing a transformation. The building on Nassau Street, which closed in 1980 and sat empty for years, is being […]
Housing
N. Texas homebuilders see influx of activity in new year, but challenges persist
ADDISON — As mortgage rates dropped over the last few months from a two-decade high, North Texas homebuilders saw stronger-than-expected sales activity at the start of this year. But that doesn’t mean local homebuilders now […]
Inflation
Morning Bid: Inflation ‘blip’ or brave new world?
A look at the day ahead in U.S. and global markets from Mike Dolan There was a sense of hesitation in world markets on Friday about whether dramatic re-pricing of U.S. and European interest rate […]
U.S. Market
Pending home sales jump by most since June 2020 as housing market looks to rebound
The post Pending home sales jump by most since June 2020 as housing market looks to rebound appeared first on Weekly Real Estate News.
U.S. Housing Market
Housing market on the rise? Why pending contracts for home sales have industry buzzing.
The post Housing market on the rise? Why pending contracts for home sales have industry buzzing. appeared first on Weekly Real Estate News.