An economic downturn can be a scary time for investors. As consumers spend less, company profits are reduced which can spell trouble for the stock market. If you’re planning to stay invested during uncertain times, should […]
“Lack of existing inventory continues to drive buyers to new construction,” said NAHB Chief Economist Robert Dietz. The post Builders Express Renewed Confidence in Housing Market appeared first on Weekly Real Estate News.
D.R. Horton (DHI) easily beat earnings and revenue estimates for the second quarter early Thursday, while giving upbeat revenue guidance for the full year. DHI stock popped in premarket trading, poised to jump out of buy […]
The housing market is frozen, and affordability is unlikely to get better soon, experts told Insider. Activity has slowed thanks to high mortgage rates, which have pushed both buyers and sellers out of the market. […]
The rise of active listings in this spring housing market reminds me of a zombie slowly rising from its grave. Yes, we found the seasonal bottom for housing inventory on April 14, but this year’s […]
The interest rate on a standard 30-year mortgage would jump as high as 8.4% if the U.S. defaults on its debts this summer, raising housing costs for new buyers by 22%, according to a new analysis by […]
Today’s high inflation has triggered aggressive moves from the Federal Reserve, which has many economists worried that we’re headed toward a recession. These concerns also come at a time when home prices are steep and mortgage rates are rising, causing […]
In many American cities, the housing market is very hot. Thanks to low mortgage rates and the shift to working from home, cities like Las Vegas, Nashville, Phoenix, and Austin often have more demand for […]
It’s May, but the spring homebuying season has yet to bloom—and it may turn out to be a total dud. Mortgage rates increased 15 basis points in April, while pending and existing home sales slumped […]
The housing market has hit some turbulence but it’s nothing that can’t work itself out, one real-estate veteran says. It is fundamentally a different market, Bess Freedman, CEO of Brown Harris Stevens, told MarketWatch in […]
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