Shelter inflation is a macroeconomic drag. Money spent on housing is money that’s not being spent on education, services, and durable goods.
The post Guest Opinion: How the Fed Impacts the Housing Market appeared first on Weekly Real Estate News.
Shelter inflation is a macroeconomic drag. Money spent on housing is money that’s not being spent on education, services, and durable goods.
The post Guest Opinion: How the Fed Impacts the Housing Market appeared first on Weekly Real Estate News.
Prospective homebuyers are slowly growing less sensitive to home prices and high-interest rates, and fewer of them are willing to wait for a better market to buy a home. According to Bank of America’s 2023 […]
An updated analysis of Zillow Home Value Index data by Fortune (see chart below), finds that 38% of the nation’s 200 largest housing markets saw a month-over-month home price decline in February. That share has steadily declined over the […]
Source: The New York Times — As the average 30-year mortgage rate eclipses 7 percent, home buyers and sellers are confronting sticker shock. The interest rate for the most common home loan in the […]
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