Fluctuations in mortgage rates can significantly impact the housing market. Recently, there has been a drop in rates, and this change brings both opportunities and challenges for buyers, sellers, and industry professionals alike. For potential homebuyers, a drop in mortgage…
A full week of jobs data showed that the labor sector continues to slow, while another appreciation report revealed that national home values are still rising. Read on for these stores and more: -Job Creations Revised Lower Again, Part-time Work…
When buying a home, it’s easy to focus solely on the purchase price, but there are several hidden costs that can catch you off guard. Understanding these additional expenses is crucial for proper budgeting and avoiding financial surprises. Here’s what…
Inflation made important progress lower in July while homebuilder confidence and new construction slowed. Read on for these stories and more: -Consumer Inflation Falls Below Key Milestone -Wholesale Inflation Cooperates with Cool Reading -Home Builders Have Mixed Emotions -Housing Starts…
There are more signs that the labor sector is softening, as job growth eased in June and the uptick in the Unemployment Rate triggered an important recession indicator. Meanwhile, home prices continue to rise nationwide. Here are last week’s headlines:…
Both inflation and home sales moved lower. Meanwhile, home prices hit another all-time high. Read on for these stories and more: Inflation Cools in May New Home Sales Slip Pending Home Sales Continue Lower Home Price Gains Remain Strong…
Week of June 17, 2024 in Review Both sales of existing homes and new construction were lower in May. Here are the highlights: Existing Home Sales Slower but Median Home Price at Record High Home Builder Sentiment Hammered Lower…
Week of June 10, 2024 in Review The Fed once again held rates steady, while tamer than expected consumer and wholesale inflation for May was a welcome sign. Unemployment claims also saw a big move higher. Here are last week’s…
The Fed once again held rates steady, while tamer than expected consumer and wholesale inflation for May was a welcome sign. Unemployment claims also saw a big move higher. Here are last week’s highlights: Fed Holds Rates Steady, Indicates…
April brought cooler than forecasted consumer inflation, which was welcome news after the first quarter’s more persistent readings. Meanwhile, confidence among home builders declined and new construction activity was softer than expected. Read on for these stories and more: -Friendly…
