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.
Source: Fox 31 News — Several U.S. cities where home prices skyrocketed due to an influx of new residents during the pandemic are now seeing prices drop quickly. Real estate experts at Redfin looked at year-over-year […]
Last week was wild, and not just for the housing market. We had a 21st-century bank run on Silicon Valley Bank and then the federal government took action over the weekend to stop the contagion. […]
The U.S. housing market is currently the least affordable in at least 25 years: GS Housing Affordability Index Affordability is, generically, the ratio of monthly income vs. the median price of a home. Essentially the […]
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