When Redfin CEO Glenn Kelman briefly spoke with Sam Altman, he warned him to tread lightly when it comes to infusing artificial intelligence into real...
Pending Home Sales Puked In August To The Lowest On Record With existing home sales at their lowest since 2010 and new home sales finally...
Futures Flat As Yields Extend Gains After Brent Crude Hits $97 Overnight US equity futures reversed initial gains following Wednesday's surprise...
Global housing prices rose an average of 6% annually, between Q4 2021 and Q4 2022. but, in real terms that take inflation into account, prices actually...
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios. Thursday: • At 8:30 AM ET, The initial weekly unemployment claims report will be...
Peter Schiff: It's The Beginning Of The End Of This Whole Phony Economy Via SchiffGold.com, Interest rates continue to push relentlessly...
- by New Deal democratThis is the topic I indicated last week I wanted to write about more at length. Paul Krugman wrote last week about...
Central banks balance different factors when raising rates – or not – including inflation and the labour market. But what other countries are doing...
For all the hype, today we sit here still trying to work back to pre-COVID-19 levels with just 76,000 completed homes ready to be moved.
When Shelter Becomes A Speculative Asset, Society Unravels Authored by Charles Hugh Smith via OfTwoMinds blog, Does anyone really believe...
US New Home Sales Crashed In August After months of soaring in the face of higher mortgage rates (and higher prices), new home sales hit a...
US Home Prices Hit New Record High, Despite Soaring Mortgage Rates US home prices rose for the 5th straight month in July (the latest data...
- by New Deal democratIn addition to updated reports on new home sales and prices, and existing home prices this morning, there’s some very important...
With inventory up by 2% this week and last week, it shows that homebuyers are reacting to the highest mortgage rates in over two decades.
Zillow’s forecast of the nation’s typical home value was revised downward this month due to the anticipation of higher mortgage rates and a slight...
Mortgage rates started the week at 7.28%, got as high as 7.47%, and ended at 7.39%. That's close to the yearly high of 7.49%.
The most important outcome of the last week's flurry of central bank meetings was the median forecast of Fed officials for 50 bp less in cuts...
I saw this screenshot of a post from Dan Scavino, former Deputy Chief of Staff for Communications in the Trump White House, and former caddie for...
Existing home prices are up 3.9% year over year, with demand near 21st-century lows. How is this possible?
- by New Deal democratI want to spend some time commenting on the broader issue of why the public perceives that inflation is still rampant, even...
Existing home prices are up 3.9% year over year, with demand near 21st-century lows. How is this possible?
Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report from Sabrina Speianu: Weekly Housing Trends View — Data Week...
US Existing Home Sales Suffer Second Weakest Summer Ever Existing home sales were expected to rise modestly in August (+0.7% MoM) after tumbling...
UK’s Economic Growth Susannah Streeter, head of money and markets, Hargreaves Lansdown: ‘’The mini-budget sparked a wave of apprehension about...
Today, in the Calculated Risk Real Estate Newsletter: 4th Look at Local Housing Markets in August A brief excerpt: Note: The National Association of Realtors (NAR)...
Have we finally hit the limits of the massive boom in 5-unit apartment construction? Logan Mohtashami weighs in on housing starts.
Home sales each week continue to be at depressed levels. We counted only 59,000 new pending sales this week. Meanwhile, the available inventory of unsold...
Sick Thoughts Of Capitulating Submitted by QTR's Fringe Finance Almost daily, where I reside in Philadelphia, I jog or walk past the United...
- by New Deal democratWith the relative fading of manufacturing in importance to the US economy, the leading construction sector has assumed even greater...
The debt ceiling is unlikely to hold as the government faces increased pressure from interest rate payments, a potential catalyst for Bitcoin and cryptocurrencies. ...