Sees
Compass Leader Bullish on Agent Value; Sees Major Sales Rebound Coming
Above, Robert Reffkin Shifting gears during a standard company earnings report last week, Compass Founder and CEO Robert Reffkin delivered a state-of-the-industry address in which, among other things, he insisted that the residential real estate market will rebound dramatically in the coming years, driven by factors such as increased inventory, all-cash homebuyers and low mortgage… […]
Consumer Confidence Sees Little Change in March
Consumer confidence saw little movement in March, falling slightly from 104.8 in February to 104.7, according to the latest data from The Conference Board. This follows a large drop in February, which was a shock after January’s two-year high. “Confidence rose among consumers aged 55 and over but deteriorated for those under 55,” said Dana… […]
January Sees a Notable Drop in Housing Starts
January saw a notable drop in housing starts across the country—dropping 14.8% from December—to a seasonally adjusted rate of 1.33 million units, a 0.7% decrease below the rate in January 2023, as indicated by a new data report from the National Association of Home Builders (NAHB). The 1.33 million starts figure represents the amount of… […]
Consumer Price Index Sees Small Rise in November
Inflation saw a small rise again in November, following no changes in October. After the recent pause in rate hikes from the Fed, this reading is in line with economist predictions that the Fed could continue the pause, and possibly halt rate hikes altogether. The Consumer Price Index saw 0.1% increase in its November reading.… […]
Mountain-West Region Sees Increased Home Equity
The region had been growing for decades but the pandemic appears to have accelerated that trend. www.nar.realtor – Vacation, Resort, and Second Homes
Lagarde sees strong rebound for EU economy in second half, expects U.S. to meet inflation goal soon
Despite a difficult struggle against the Covid-19 pandemic, the EU will hit its economic stride later this year, Lagarde told CNBC on Friday….(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it. Around The Web
U.S. Sees Rise in Appetite for Single-Family HomesEspecially of the Luxury Variety
The latest housing data underlines the increasing desire for buyers to upgrade to larger homes with more amenities. The post U.S. Sees Rise in Appetite for Single-Family Homes-Especially of the Luxury Variety appeared first on Real Estate News & Insights | realtor.com® ….(read more) Forward this article via email: Send a copy of this story to […]