Today we issued our second quarter 2023 financial results. You can read the details here. Airbnb Co-Founder and CEO Brian Chesky said: “Our Q2 results show the desire to travel and host on Airbnb remains […]
Focus on Job Volatility Use the FRED graph below to compare the employment of three different categories of people. Some groups of workers are hired and fired more quickly than others, making their employment volatile. […]
(Reuters) – Ratings agency Fitch on Wednesday downgraded U.S. mortgage finance giants Fannie Mae and Freddie Mac Long-Term Issuer Default Ratings (IDR) and senior unsecured debt ratings to ‘AA+’ from ‘AAA’ after the U.S. rating […]
International buyers purchased 14% fewer U.S. homes in the past year, the least since the National Association of Realtors began tracking the statistic in 2009. But the median price of homes they purchased was $396,400, […]
Despite recent trends of cooling inflation, grocery prices in the second quarter of 2023 remained a concern among U.S. households—especially for families with children—according to a report by data consulting company Dunnhumby, suggesting American shoppers remain worried […]
Attorneys for a real estate company have sued the U.S. Postal Service in San Diego federal court, alleging the agency has failed to either vacate its Hillcrest post office or pay fair market rate to […]
Mortgage rates rose this week, according to Bankrate’s national survey. U.S. mortgage rates rose this week, after the Federal Reserve re-engaged in its war on inflation. The average rate on 30-year mortgages climbed to 7.09 percent this week, […]
New York-based Rithm Capital executives see surging rates and increasing capital requirements for banks as an opportunity to acquire diversified assets and operational platforms at a time when the parent company of New Rez and Caliber plans to spin off its […]
Freddie Mac generated $2.94 billion in net income in the second quarter, up 41% from the first quarter and 20% year-over-year. Like its larger government sponsored enterprise cousin Fannie Mae, Freddie Mac’s second quarter was […]
Engel & Völkers, the global luxury real estate brand, just partnered with Dilbeck Real Estate, one of Southern California’s top real estate teams. Approximately 400 Dilbeck agents and support staff will operate under the Engel […]
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