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Building A Better Housing Market: Is The Worst Over As Existing Home Sales Jump In January?
Thursday, February 22, 2024 - 2:37pm | 682Read More...On the heals of strong results by Toll Brothers Inc (NYSE:TOL) this week, rising sales of existing homes suggested additional good news for the U.S. housing market. Having been stuck in a slump in 2023 due to high mortgage rates, which peaked at 7.79% in October, the final quarter saw some...
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How First-Time Home Buyers Afford A House With Prices At Record Unaffordability
Saturday, September 16, 2023 - 2:10pm | 853Read More...In a housing market as tumultuous as a stormy sea, first-time homebuyers claimed 32% of homebuilders' net sales this year, according to data from John Burns Research & Consulting. The surge comes amidst a backdrop where real estate deals have been wobbling precariously...
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GDP Revised Lower, Labor Market Still Tight
Thursday, February 23, 2023 - 10:19am | 1765Read More...Good Morning Everyone! Wells Fargo (NYSE: WFC) just laid off hundreds of mortgage bankers, including some top producers who brought the bank more than $100 million in loans last year. Is Wells Fargo making a huge mistake? Prices as of 4 pm EST, 2/22/23; % YTD MARKET UPDATE Stock...
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Chinese Buying Of US Homes Drops 61% To 11-Year Low As Pandemic, Trade War, And A Weakening US Dollar Take Toll
Monday, July 26, 2021 - 10:00am | 985Read More...U.S. home sales to Chinese buyers dropped to at least an 11-year low in 2020 as travel restrictions imposed to restrain the COVID-19 spread and a weakening U.S. dollar kept buyers away, shows the latest data from the National Association of Realtors. What Happened: The sale of existing homes...
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China Letting the Yuan Appreciate Will Have an Impact on Commercial Real Estate
Thursday, June 24, 2010 - 6:00am | 845Read More...China’s decision to let the Yuan appreciate is a drain on global liquidity. While various legislative elements and the treasury have aggressively pushed China to revalue the Yuan, the Federal reserve has indicated that rates will stay low for a while. Unfortunately these policy...
