Labor Market Stabilizes Despite Pressures—But Real Estate Needs More
The United States added 115,000 jobs in April, according to the Bureau of Labor Statistics, significantly beating analysts' expectations as ...
Tag: Real Estate Economics
Below 6% Rate Expectation This Spring Has ‘Disappeared’
Freddie Mac reported today that mortgage rates increased this week, still being driven by geopolitical tensions and sticky inflation, according ...
Mortgage Applications Down 4.4%, Average Loan Size Reaches 36-Year High
Mortgage applications declined for a second week in a row as economists point to economic uncertainty and geopolitical tensions continuing ...
New-Home Sales Rose Sharply in March as Builders Burn Through Inventory
Sales of new single-family houses in March were at a seasonally adjusted annual rate of 682,000, according to estimates released ...
Econ Review: A Look at April’s Key Market Data
Editor’s note: Econ Review is a roundup of the month’s housing and economic market data reports. As spring progresses, the ...
Energy Prices Boost Annual Inflation to Near Three-Year High
Since the commencement of the U.S. and Iran war, energy prices have soared, and the latest findings from the Bureau ...
Decline Follows Increase in Economic Indicators, Index Shows
Nonprofit business research organization The Conference Board released its latest Leading Economic Index (LEI)—which provides an early indication of significant ...
Consumers ‘Proceed Cautiously’ on Home Sales as Rates Linger in Low 6’s
Mortgage rates bumped back up this week but overall remain in the low 6% range, contributing to a subdued but ...
Fed Holds Rates Steady Amid Macro Uncertainty; Powell to Stay on as Governor
Jerome Powell’s reign at the Fed may be at its end, but he’s not going anywhere. On Wednesday, the Federal ...
Home Purchase Activity Up 20% Over Last Year
Mortgage applications decreased this week but economists say homebuying sentiment has improved over this time last year thanks to an ...
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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