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  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
  • [ December 20, 2024 ] D.R. Horton to Launch New Master-Planned Community in Utah Weely Real Estate News
  • [ December 20, 2024 ] Hits and Misses for the Real Estate Week of Dec. 16-20 Weely Real Estate News
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U.S.

Housing
Housing Bubble

U.S. Housing Bubble Downfall Continues: Purchase Mortgage Applications At 28-Year Low

February 24, 2023 Mark Paul Cervantes Comments Off on U.S. Housing Bubble Downfall Continues: Purchase Mortgage Applications At 28-Year Low

After one of the largest speculative bubbles in history during the pandemic, the US housing market is now slowly tanking. Median home prices in the United States had risen about 45% in two years from […]

House
Housing Bubble

Fed Hikes May Put More Pressure On U.S. House Prices

February 24, 2023 Mark Paul Cervantes Comments Off on 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 […]

Weely Real Estate News

U.S. Homebuyers Start To Regain Upper Hand in 2023

February 24, 2023 Mark Paul Cervantes Comments Off on 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

U.S. home sales post 12th straight monthly decline; house price inflation cools

February 23, 2023 Mark Paul Cervantes Comments Off on U.S. home sales post 12th straight monthly decline; house price inflation cools

The post U.S. home sales post 12th straight monthly decline; house price inflation cools appeared first on Weekly Real Estate News.

Weely Real Estate News

The Great Slowdown: These Are the U.S. Cities Where Home Sales Are Down the Most

February 22, 2023 Mark Paul Cervantes Comments Off on The Great Slowdown: These Are the U.S. Cities Where Home Sales Are Down the Most

The post The Great Slowdown: These Are the U.S. Cities Where Home Sales Are Down the Most appeared first on Weekly Real Estate News.

home
Top News

REAL ESTATE U.S. home sales post 12th straight monthly decline; house price inflation cools

February 22, 2023 Mark Paul Cervantes Comments Off on REAL ESTATE U.S. home sales post 12th straight monthly decline; house price inflation cools

U.S. existing home sales dropped to the lowest level in more than 12 years in January, but the pace of decline slowed, raising cautious optimism that the housing market slump could be close to reaching […]

home
Housing Bubble

U.S. existing home sales fall in January, but pace slowing

February 21, 2023 Mark Paul Cervantes Comments Off on U.S. existing home sales fall in January, but pace slowing

U.S. existing home sales dropped to a more than 12-year low in January, but the pace of decline slowed, raising cautious optimism that the housing market slump could be close to reaching a bottom. Existing […]

Weely Real Estate News

Gen Z And Millennial Renters Have Lower Inflation Rates Than Overall U.S. Population For First Time In 2 Years

February 10, 2023 Allen Santos Comments Off on Gen Z And Millennial Renters Have Lower Inflation Rates Than Overall U.S. Population For First Time In 2 Years

The post Gen Z And Millennial Renters Have Lower Inflation Rates Than Overall U.S. Population For First Time In 2 Years appeared first on Weekly Real Estate News.

Chinese
Economy

China says proposed U.S. ban on Chinese buying U.S. property violates market rules

February 10, 2023 Mark Paul Cervantes Comments Off on China says proposed U.S. ban on Chinese buying U.S. property violates market rules

BEIJING, Feb 10 (Reuters) – The United States is violating the principles of market economy and international trade rules in considering a ban on Chinese citizens buying property in the United States, the Chinese foreign […]

markets
Economy

U.S. markets got the Fed’s message: Interest rate hikes are probably here to stay

February 9, 2023 Mark Paul Cervantes Comments Off on U.S. markets got the Fed’s message: Interest rate hikes are probably here to stay

U.S markets finally got the Fed’s message. Two officials on Wednesday essentially echoed Fed Chair Jerome Powell’s hawkish speech on Tuesday. The Fed’s Waller warned that the fight against inflation might be a drawn-out process, […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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