Weely Real Estate News
Commercial property not immune to interest rate pressure
The post Commercial property not immune to interest rate pressure appeared first on Weekly Real Estate News.
Articles by Mark Paul Cervantes
Weely Real Estate News
Miami’s hidden high ground: What sea rise risk means for some prime real estate
The post Miami’s hidden high ground: What sea rise risk means for some prime real estate appeared first on Weekly Real Estate News.
Weely Real Estate News
Biden admin cuts some mortgage fees amid housing affordability crisis
The post Biden admin cuts some mortgage fees amid housing affordability crisis appeared first on Weekly Real Estate News.
Housing Wire
New home sales continue to climb in 2023
New home sales started off 2023 on a positive note, rising 7.2% from December to a seasonally adjusted annual pace of 670,000 homes, according to data published by the U.S. Census Bureau and the Department of Housing and […]
Housing Bubble
Fed Hikes May Put More Pressure On U.S. House Prices
As the Federal Reserve continues to raise rates into 2023, the one sector of the economy feeling the most pain from the move is housing. Housing is very sensitive to interest rates, and as interest […]
Financial Markets
Dow drops more than 400 points as a hot inflation report rattles Wall Street: Live updates
U.S. stocks fell sharply Friday after the Federal Reserve’s preferred inflation gauge showed a stronger-than-expected increase in prices last month. The Dow Jones Industrial Average fell by 472 points, or 1.4%. The S&P 500 and Nasdaq Composite slid 1.6% and 2.0%, […]
Housing Bubble
US mortgage rates rise for the third week in a row
Washington CNN — Mortgage rates shot up for the third-straight week, as inflation concerns make rates more volatile. The 30-year fixed-rate mortgage averaged 6.5% in the week ending February 23, up from 6.32% the week before, […]
Inflation
Yellen Sees a Possible Soft Landing. Markets Care More About Inflation
Speculation over the type of landing the U.S. economy will make has been rife for a while, and may continue for months yet. The options include a hard landing, a soft landing, or no landing. […]
Weely Real Estate News
U.S. Homebuyers Start To Regain Upper Hand in 2023
The post U.S. Homebuyers Start To Regain Upper Hand in 2023 appeared first on Weekly Real Estate News.
Weely Real Estate News
‘Home sales are bottoming out’: Are homebuyers now calling the shots in 2023 housing market?
The post ‘Home sales are bottoming out’: Are homebuyers now calling the shots in 2023 housing market? appeared first on Weekly Real Estate News.