Credit data shows no housing crash

Credit data shows no housing crash

Credit stress data When the next job-loss recession happens, we will see a rise in credit stress data and I am 100% sure the doomers of America will sit on their useless... Read more »
Lender Data Shows Refinance Offers Have Increased 42% Nationwide Over the Last Year — RISMedia

Lender Data Shows Refinance Offers Have Increased 42% Nationwide Over the Last Year — RISMedia

Remember the days of 3% mortgage rates? As a relieved nation emerged from the Covid-19 pandemic in 2021, along with it came those historically low average mortgage rates below 5.00%, 4.00% or... Read more »
Aflalo Shows Look of Beverly Hills Project on Pavilions Site

Aflalo Shows Look of Beverly Hills Project on Pavilions Site

The Aflalo family has unveiled the look of an eight-story apartment complex and supermarket in Beverly Hills slated to replace a Pavilions market. Their Aflalo Family Trust and Moshe and Laura Aflalo... Read more »
CoreLogic home-price report shows slowest appreciation rate since July 2023

CoreLogic home-price report shows slowest appreciation rate since July 2023

The Federal Reserve’s 50 basis-point interest rate cut in September is already making an impact on housing markets across the country. But high mortgage rates and affordability challenges put a damper on... Read more »
Lender Data Shows Refinance Offers Have Increased 42% Nationwide Over the Last Year — RISMedia

Latest CPI Data Shows Lowest Inflation Since 2021 — RISMedia

The Consumer Price Index (CPI) was up 0.2% from June to July 2024 and up 2.9% from a year ago, according to the latest data from the U.S. Bureau of Labor Statistics.... Read more »
CoreLogic home-price report shows slowest appreciation rate since July 2023

Fed’s Beige Book shows recent moderation in mortgage rates propped up demand for homes

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales, the Federal Reserve reported in its Beige Book... Read more »
Redfin shows signs of improvement in fourth quarter

Redfin shows signs of improvement in fourth quarter

Real estate brokerage Redfin revealed signs of progress in its fourth-quarter 2023 earnings report, signaling a potential turnaround after facing challenges earlier in the year. Fourth-quarter 2023 revenues at Redfin fell 2%... Read more »
US Home Price Forecast by Goldman Sachs Shows 5% Surge in 2024

US Home Price Forecast by Goldman Sachs Shows 5% Surge in 2024

Housing prices in the US defied expectations last year, showing resilience despite a surge in mortgage rates. Now, with the anticipation of interest rate cuts, Goldman Sachs Research predicts a more substantial... Read more »
A slim, two-story ADU shows off vertical construction

A slim, two-story ADU shows off vertical construction

Walk past the street-facing 1990s duplex and beyond a 1920s Sears Roebuck kit bungalow, and an accessory dwelling unit, or ADU, rises before you at the end of the property. It’s a... Read more »
Housing Market Shows Signs of Resilience Despite Headwinds

Housing Market Shows Signs of Resilience Despite Headwinds

The US housing market has shown remarkable resilience in recent months, defying predictions of a downturn. In September, the U.S. CoreLogic S&P Case-Shiller Index increased 3.9% year-over-year, marking the third consecutive month... Read more »