Leading Economic Indicators Fall Again
The Leading Economic Index (LEI) fell 0.7% in August to 104.6, marking a year and a half of consistent declines, ...
Tag: Housing Market
Existing-Home Sales Continue to Decline in September
In September 2023, existing-home sales declined by 2% month-over-month, coming in at about 3.96 million. This data comes courtesy of ...
Mortgage Rates Continue to Approach 8%
The 30-year fixed-rate mortgage (FRM) increased from last week’s average of 7.57% to an average of 7.63% this week, according ...
Experts Weigh in on Politics and Policy in New York Real Estate
Real estate is a driving economic force in New York, and politics and policy can have a significant impact on ...
CoStar Announces UK Acquisition
CoStar Group, Inc. has announced a proposal to acquire United Kingdom property portal OnTheMarket, for £1.10 per share in cash ...
Which Cities Are Most Ready for the Future?
Technology is ever-changing and ever-growing, giving us pretty exciting ideas about where our future may lead us. However, while the ...
Home-Seller Profits Continue Rising as Home Values Hit New Highs
Typical profit margins on home sales increased to 59% in Q3 2023—up from 56.6% last quarter and the second straight ...
Housing Starts Turn Course, See Gain in September
Despite high mortgage rates and other economic challenges, housing starts saw a significant gain in September, according to a new ...
Solo Renting is on the Rise
Renting alone, while often considered unaffordable and unattainable, has actually grown in recent years. Between 2016 and 2021, solo renting ...
Builder Confidence Falls to Lowest Level Since January 2023
As mortgage rates have climbed to a 23-year high, builder confidence has fallen to the lowest reading since January, according ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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