News & Commentary: Economy Articles
Jobs, low mortgage rates, and improving inventory are bolstering home sales.
Home sales are sputtering because of a lack of inventory.
Commercial’s brighter lending picture doesn’t automatically translate to the residential side.
At a recent legislative and leadership summit for real estate managers, economists and industry leaders pointed out bright spots and investment opportunities, but warned that the economy is far from healed.
First-time buyers are a shrinking share of the market, but there are a few things that can be done to help reverse this trend.
Amidst contradictory economic news, homeowners’ wealth is rising.
Lawrence Yun examines how increases in various elements of the consumer price index could affect housing in the near term.
With mortgage rates likely to approach 5 percent next year, normalized underwriting standards are crucial.
Prices are increasing quickly, though that may not always be the most healthy development for the economy. Also, banks may soon loosen overly strict requirements, but a choke point remains in new-home construction.
Economists who predict underperformance in real estate based on Baby Boomers downsizing are overlooking another huge demographic trend.