Fed Holds Rates Unchanged May 1
The Federal Reserve held rates steady at its meeting ended May 1, as data regarding the strength of the economy and stubbornly high inflation have resulted in a shift in the timing of any rate cuts.
Nearly 40% of Homeowners Couldn’t Afford Their Home If Bought Today, Redfin Finds
Nearly two in five homeowners don’t believe they could afford to buy their own home if they were purchasing it today, according to a new report from Redfin, Seattle.
Auction.com: More Auction Buyers Expect Price, Rent Declines
Auction.com, Irvine, Calif., released its 2024 Buyer Insights Report, highlighting that 40% of buyers buying distressed properties at auction expect home prices to decline in 2024.
