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Monday, January 30, 2023

U.S. inflation may return to 40-year high as ...

The United States is scheduled to announce the September consumer price index report on the 13th. Economists currently expect the U.S. core inflation measure (CPI) to return to a 40-year high in Septe...

Home sales plummet as interest rates rise

Realtors, mortgage brokers and appraisers across the U.S. are facing widespread layoffs as interest rates rise and home sales plummet. For those who work in the housing market and real estate-relat...

U.S. first-time homebuyers turn to more new h...

New data from the latest National Association of Home Builders / Wells Fargo Housing Market Index this week reveals first-time homebuyers account for almost half (43 percent) of the new home market in...

Jumbo Mortgage Rates Are No Longer the Cheape...

Record-low interest rates are helping home buyers lock in years of savings on future mortgage payments. But those searching for larger homes or in expensive markets aren’t reaping the same rewards. ...

May U.S. Home Sales Dropped 9.7% as Pandemic ...

Sales of previously owned homes dropped 9.7% in May from the prior month, as the coronavirus pandemic kept shoppers indoors during the typically busy spring homebuying season. But record-low intere...

U.S. Market Enjoys Record 44 Percent Spike in...

According to the National Association of Realtors, U.S. pending home sales mounted a record comeback in May 2020, seeing encouraging contract activity after two previous months of declines brought on ...

U.S. Single-Family Rents rise fast

According to CoreLogic's latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and among 20 metropolitan areas, a national rent increase of 2.9% year over ...

U.S. Commercial Investment Capital Outflows N...

With the longest recorded global economic expansion, foreign commercial property investors are now facing an increasingly complex equation to find cost-ffective opportunities for potential downtur...

High Cost of Wildfire Insurance Hurts Califor...

Home sales are slowing in wildfire-prone areas of California as insurers retreat from high-risk regions, say real-estate agents and homeowners. Insurance companies have continued to reduce their wi...

Mortgage Applications in U.S. Spike 30% in mi...

The Market Composite Index, a measure of mortgage loan application volume, increased 30.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 67 p...