An increasingly unaffordable home market is affecting homebuyer decisions and altering forecasts for price growth in the months to come, according to a new forecast…
Posts published in “Markets & Economy”
Total sales of existing homes, condos and co-ops dropped 3.4 percent between April and May to a seasonally adjusted rate of 5.4 million, according to…
Inman has created a Talent Pass that gives newly jobless real estate pros free access to the upcoming Inman Connect Las Vegas. Source: Inman News
The slowing demand for homes is affecting the balance of power between buyers and sellers, according to two new reports from Redfin. Source: Inman News
As the market makes profitability more difficult to attain, cost control measures will become ever more important for brokerage companies, says industry data expert Mike…
The housing industry has shed thousands of jobs recently, and more cuts may be in store. But some companies are handling the situation better than…
Higher mortgage rates are now “housing market’s primary constraint,” economists at Fannie Mae said in a new forecast predicting home sales will fall 13.5 percent…
Housing starts clocked in at a seasonally adjusted rate of 1,549,000, a 14.4 percent decline from revised April levels, according to the U.S. Census Bureau…
Jerome Powell on Wednesday acknowledged the tough situation buyers now find themselves in, adding that “We need to get back to a place where supply…
With the negative shift ravaging the real estate market, it is easy to say that there is no positive to take out of it. But…