HARTFORD, Conn. (WTNH) – Dozens of markets across the country are poised to see a significant increase in potential buyers in 2023. Realtor.com released its housing forecast and economic outlook for 2023, detailing which metro areas are expected to see growth – in both home sales and prices – during what is expected to be …
Top 10 Housing Markets Expected to See Significant Growth in 2023 Read More »
Small-cap stocks are trading near a two-decade low against large-cap stocks. When the stock market rebounds next year, as many investment banking strategists expect, these smaller companies could outperform. Below is a screen of analyst favorite small cap stocks for 2023, taken from the S&P Small Cap 600 SML Index, that requires businesses to be …
By Dr. Robert A. Kleinhenz | Inland Empire Economic Partnership The housing market has experienced strong fluctuations over the past three years. Home sales plunged early in the pandemic, but quickly rebounded in response to the Federal Reserve Bank pushing interest rates from a range that was already low by historical standards into ultra-low territory. …
A recap of the housing market in 2022 and a look ahead to 2023 Read More »
It’s been a year of watershed moments in real estate, and not a good one. The housing market index, a closely watched industry measure that gauges the outlook for home sales, fell to 33 in November on a hundred-point scale, its lowest level in a decade, except of the first dystopian month of the pandemic. …
Economists: A housing recession in the United States has already arrived Read More »
It’s been a year of watershed moments in real estate, and not a good one. The housing market index, a closely watched industry measure that gauges the outlook for home sales, fell to 33 in November on a hundred-point scale, its lowest level in a decade, except of the first dystopian month of the pandemic. …
Economists: A housing recession in the United States has already arrived Read More »
Topline Growing evidence has emerged this week that the Federal Reserve’s interest rate hikes, which have already caused a sudden collapse in the once-hot housing market, have fueled an unprecedented downturn for manufacturers, paving the way for which could lead to a prolonged downturn in the industry. production. ‘One of the biggest deteriorations in world …
In 2005, Fed Chairman Alan Greenspan told Congress that “a nationwide housing price bubble does not seem likely.” Of course, not only had a housing bubble formed, it was nearing its peak just as Greenspan was delivering this message on Capitol Hill. Fast forward to 2022, and the scars of the last bubble have clearly …
Average sales will remain at or above list prices in five of the top 10 selling markets, … [+] including Fayetteville, North Carolina. Getty The housing market shifted more towards buyers last month as the markets that cooled fastest in response to rapidly rising interest rates and house prices continued to moderate, according to the …
Average monthly federal funds rate via the St. Louis Fed Chart Notes I use monthly averages because the Fed is now targeting a range. In addition, the target federal funds rate is abandoned and only dates from 1982. This is the steepest and most aggressive touring cycle ever. You can see the impact particularly in …
The Fed is advancing at the most aggressive pace ever (and what that means for housing) Read More »
(Bloomberg Opinion) — The US housing market is in a precarious state of equilibrium. Demand fell as mortgage rates hit two-decade highs, but prices haven’t fallen much, in part because supply also remains low. If borrowing costs don’t start to normalize early next year, the scales could eventually tip and prices could fall. The start …
Rising inventories will be the next problem in the housing market Read More »
