When COVID-19 began to spread last year and the country began shutting down, many New Yorkers packed up and moved to less dense areas. Now,…
Posts published in “Markets & Economy”
The industry saw a healthy increase in jobs in March, following a tougher month of 4,500 job losses. The U.S. as a whole also saw…
The Biden administration’s push for $2 trillion in spending on infrastructure to stimulate the economy hasn’t sent mortgage rates soaring — yet. Upward pressure on…
Initial jobless claims for the week ending March 27 rose to 719,000, a number that surpassed the pre-coronavirus record, just one week after filings hit…
The median listing price for U.S. homes hit $370,000 in March, according to a new report. That’s higher than it has ever been in the…
Although mortgage rates came down slightly after seven consecutive weeks of increases, applications for refinancing and purchase loans both fell more significantly. Source: Inman News
Pending-home sales also declined on an annual basis for the first time in eight consecutive months, according to the National Association of Realtors. Source: Inman…
At least 15 of the offers on the suburban fixer upper were made sight unseen. The situation highlights the brutally competitive housing market buyers are…