CNBC, Jan. 29, 2024-Rebecca PicciottoSen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing Federal Reserve Chairman Jerome Powell to lower interest rates at the upcoming Fed meeting to …
Category: Top National News
For Retailers, Business Is Back and Landlords Say No More Rent Discounts
Wall Street Journal, Jan. 29, 2024–Kate KingRetail property owners are shedding the discounts and other concessions they offered struggling tenants during the depths of the pandemic, the latest sign that …
Recycle at Home, With Your Home
Banker & Tradesman, Jan 28, 2024–Lew SichelmanScrap tires have been recycled for years into building products like flooring, infill decking and septic system drain fields. Actually, entire houses can be …
Pending Home Sales Up by 8.3%
Weekly Real Estate News, Jan 26, 2024–Phil HallPending home sales in December recorded an 8.3% spike, according to data from the National Association of Realtors (NAR).Click here for more.
Citizens Has Most Home Equity Investment Growth
Home Equity Lending News, January 23, 2024Citizens Bank added $1 billion in assets to its U.S. home-equity investment portfolio last year — more than any other bank. But the robust …
Cooler Inflation Keeps Door Open for Rate Cuts This Year
The Wall Street Journal, Jan. 26, 2024-Harriet Torry and Nick TimiraosThe U.S. economy notched another month of mild inflation in December, keeping the Federal Reserve on track to deliberate when …
Multifamily Capital Activity to Pick Up This Year
GlobeSt, Jan. 26, 2024-Philippa MaisterFinally, some good news for the multifamily sector. Lending and borrowing are expected to go up this year, according to a new analysis from the Mortgage …
Analysts React to Positive Economic Reports
MPA, Jan. 26, 2024-Tony CantuMarket analysts reacted to a pair of reports released Thursday that bode well for the housing industry – giving rise to a scenario featuring lowered mortgage …
Why New Home Sales Soared and Existing Homes Plunged in 2023
Axios, Jan. 26, 2024-Emily PeckAll the juice in the housing market in 2023 was in new home sales — and that’s likely to continue this year.Click here for more
Pending Home Sales Rose 8.3% in December as Mortgage Rates Softened
The Washington Post, Jan. 26, 2024-Aaron GreggPending home sales increased 8.3% in December as home buyers benefited from softer mortgage rates, the National Association of Realtors said Friday, providing yet …