Weely Real Estate News
US recession – what impact will it have on the housing market?
The post US recession – what impact will it have on the housing market? appeared first on Weekly Real Estate News.
Recession
Housing Wire
Can we still avoid a recession?
Economic reports over the Thanksgiving holiday paint a complicated picture of what’s happening, and where we are on recession watch. The big economic surprise was the strength of Black Friday sales, where consumers spent a […]
Weely Real Estate News
Economic recession or not, the housing market recession is here
Source: firsttuesday Journal — Earlier in 2022, an economic recession seemed inevitable by year’s end. Two consecutive quarters of negative gross domestic product (GDP) — typically the main indicator of a U.S. recession — along with the […]
Weely Real Estate News
4 Things to Know About Buying a House With a Recession Looming, According to Experts
Source: Apartment Therapy — When you hear the phrase “looming recession,” your initial reaction may be to freeze your spending — especially if you’re still haunted by the last economic downturn in which a […]
Weely Real Estate News
The Housing Recession Is Coming
Source: The Ringer — While the broader economy is almost certainly not in a recession, the U.S. housing market is facing a painful reset. As the Federal Reserve raises interest rates to reduce inflation, the […]
Mortage News
Housing Recession or Big Shift to Multi-Family? Maybe Some of Both…
Housing Recession or Big Shift to Multi-Family? Maybe Some of Both… Residential construction numbers fell again in July, giving credence to Monday’s National Association of Home Builders’ (NAHB’s) report detailing a near ten-year low in […]
Mortage News
Last Week: “Housing Recession.” This Week: “At Or Close To The Bottom”
In last Thursday’s Existing Home Sales press release, the NAR’s chief economist said “we’re witnessing a housing recession in terms of declining home sales and home building.” Less than a week later, today’s Pending Home […]
Weely Real Estate News
Why the Housing Market Is Not in Recession
Source: Knowledge at Wharton — Wharton real estate professor Fernando Ferreira doesn’t believe the U.S. housing market has entered a recession. Home sales are falling in response to rising interest rates, but there’s still a mismatch of supply […]
Daily Real-estate News
Latest Home Sales Data Points to ‘Housing Recession’
More signs are pointing to a housing slowdown as existing-home sales–completed transactions for single-family homes, townhomes, condos and co-ops–fell 5.9% month over month and 20% year over year, according to the National Association of REALTORS(R)’ […]
Housing
What Does an Economic Slowdown Mean for the Housing Market?
According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And, in […]