RE/MAX Loses Revenue, but Gains Agents in Q2 2023
RE/MAX, one of the biggest household names of the real estate industry, suffered losses in Q2 2023 due to market ...
Tag: Real Estate Economics
Housing Recession ‘Essentially Over,’ Says NAR Economist
Almost exactly a year ago, National Association of REALTORS® (NAR) Chief Economist Dr. Lawrence Yun first coined the term “housing ...
Offerpad Sees Progress as Q2 Net Loss Lower Than Previous Quarters
Normally, a $20 million quarterly net loss wouldn’t be grist for positive spin, but Offerpad spun it that way, citing ...
Report: Housing Market Avoids Post-Pandemic ‘Crash’ Despite Lingering Challenges
The housing market has gone through its share of changes in the past three years. While many reveled in the ...
Consumer Spending Data Provides Further Signs of Cooling Inflation
In the wake of the Federal Reserve ending its short-lived “pause” on rate hikes, the latest personal consumption expenditure (PCE) ...
Fed Provides Little Clarity After Raising Rates to 22-Year High
An unsurprising 25-basis-point rate hike announced by the Federal Reserve today–something that real estate economists urged against–is placing the housing ...
Consumer Confidence Continues to Grow in July
Consumer confidence increased again, from 109.7 in June to 117 in July, according to the latest data from The Conference ...
U.S. Inflation Falls to 3% in June Ahead of Critical Fed Decision
The downward trajectory of U.S. inflation has held firm as the latest Consumer Price Index (CPI) released this morning provided ...
Slowing Job Growth Muddles Rate Debate
A labor market that for months seemingly shrugged off the Federal Reserve’s heavy hand finally appears to be slowing, as ...
Some Fed Officials Were Willing to Raise Rates in June
While the Federal Reserve delivered a reprieve from its interest rate hike campaign last month, the decision didn’t come lightly, ...
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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