Strong new-home sales reflect still-strong demand

Strong new-home sales reflect still-strong demand

New-home sales reached a seasonally adjusted annual rate of 661,000 in January, according to data published Monday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD). ... Read more »
Strong new-home sales reflect still-strong demand

Mortgage rates keep surging after strong inflation reading

Mortgage rates continued their ascension toward 7% this week, raising doubts about the approaching spring homebuying season.  The 30-year fixed-rate mortgage averaged 6.90% as of Feb. 22, an increase from last week’s... Read more »
Strong new-home sales reflect still-strong demand

Master planned communities post strong new home sales numbers in 2023

Despite high mortgage rates, master planned communities (MPCs) did well in 2023. According to a survey released Tuesday by John Burns Research & Consulting, the top 50 MPCs sold more than 34,600... Read more »
Kimco Realty CEO: A lot of deferred services during Covid are coming back strong

Kimco Realty CEO: A lot of deferred services during Covid are coming back strong

Kimco Realty CEO Conor Flynn joins 'Money Movers' to discuss the company's quarterly earnings results, the different tenets Kimco has, and more. Source link Read more »
AirDNA Projects A Strong 2024 For STRs After Bumpy 2023

AirDNA Projects A Strong 2024 For STRs After Bumpy 2023

Based on early data from its Market Review, 2024 is already looking to be a promising year for vacation rentals after a frustrating 2023. Mark your calendars for the ultimate real estate... Read more »
US Economy Surpasses Expectations with Strong Growth in 2023

US Economy Surpasses Expectations with Strong Growth in 2023

The United States economy exhibited remarkable resilience as it closed out the year 2023 with a robust performance, surpassing earlier predictions. The advance estimate of the fourth-quarter Gross Domestic Product (GDP) revealed... Read more »
Housing market remains strong, despite mortgage rate worries

Housing market remains strong, despite mortgage rate worries

The Federal Reserve is raising interest rates, and that’s led some to worry that mortgage rates will spike and put an end to the housing boom in the United States. Not so... Read more »