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March 9, 2023
Mark Paul Cervantes
Financial Markets, Investing
Comments Off on More Declines Ahead for U.S. Housing Market After Dead Cat Bounce?
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 […]
U.S. property taxes increased twice as fast in 2023 compared to prior year
April 5, 2024
Mariel Alumit
Housing Wire
Comments Off on U.S. property taxes increased twice as fast in 2023 compared to prior year
U.S. property taxes on single-family homes rose twice as fast in 2023 as they did in 2022, with a total of $363.3 billion levied compared to $339.8 billion one year earlier. This is according […]
Goldman Sachs cuts GDP forecast because of stress on small banks, which are key to U.S. economy
March 16, 2023
Mark Paul Cervantes
Economy, Top News, U.S. Market
Comments Off on Goldman Sachs cuts GDP forecast because of stress on small banks, which are key to U.S. economy
Goldman Sachs on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- and medium-sized banks amid turmoil in the broader financial system. The firm lowered its growth forecast by 0.3 […]