HARTFORD, Conn. (WTNH) – Dozens of markets across the country are poised to see a significant increase in potential buyers in 2023. Realtor.com released its housing forecast and economic outlook for 2023, detailing which metro areas are expected to see growth – in both home sales and prices – during what is expected to be …
Top 10 Housing Markets Expected to See Significant Growth in 2023 Read More »
Topline Growing evidence has emerged this week that the Federal Reserve’s interest rate hikes, which have already caused a sudden collapse in the once-hot housing market, have fueled an unprecedented downturn for manufacturers, paving the way for which could lead to a prolonged downturn in the industry. production. ‘One of the biggest deteriorations in world …
| Getty Images Key points to remember Morgan Stanley predicted a 10% decline in house prices from June 2022 to 2024. This juxtaposes the 45% increase in prices the US housing market experienced between December 2019 and June 2022. Some markets are already showing significant price declines, topped by metros like San Francisco, Seattle and …
Housing market crash 2023: where will prices fall? And why? Read More »
In 2005, Fed Chairman Alan Greenspan told Congress that “a nationwide housing price bubble does not seem likely.” Of course, not only had a housing bubble formed, it was nearing its peak just as Greenspan was delivering this message on Capitol Hill. Fast forward to 2022, and the scars of the last bubble have clearly …
In June, Fed Chairman Jerome Powell told reporters that the overheated US housing market – which has seen US home prices rise more than 40% in just over two years – had need a “reset”. And higher mortgage rates, he said, would slowly bring “equilibrium” back to the market. “We saw [home] prices have risen …
Nationally, home prices fell 1.3% between June and August. It marked the first decline measured by the lagged Case-Shiller National Home Price Index since 2012. It’s more than a small dive, it’s a change of trajectory. At least, that’s according to the latest forecasts produced by Morgan Stanley’s economics team. This year, Morgan Stanley expects …
(Photo by David McNew/Getty Images) Getty Images Key points to remember Home sales fell for the ninth consecutive month, with transactions down 28.4% from the same period last year. Average prices also fell, reaching $379,100 from $413,800 in June. This comes as mortgage rates continue to rise rapidly, hovering around 7% from less than 3% …
Savvy credit card users already know that there’s quite a game to be played as to how to get the best rewards. From free flights to cashback options, cards can offer many perks that can make your life a little (or a lot) easier. That said, one benefit that didn’t exist before was a way …
An interview with the CEO who created a rewards system for tenants Read More »
Savvy credit card users already know that there’s quite a game to be played as to how to get the best rewards. From free flights to cashback options, cards can offer many perks that can make your life a little (or a lot) easier. That said, one benefit that didn’t exist before was a way …
An interview with the CEO who created a rewards system for tenants Read More »
