One in five home sellers slashed asking price in August as buyers back off
Nearly one in five home sellers slashed the asking price for their homes in August in an effort to lure a buyer as the market rapidly cools. The share of…
I knew I was getting laid off — so I wore pink wig, drank wine
He turned his layoff into a slay-off. Isaac Moran, a recruiter and an actor, slipped on a bubble gum-pink wig and poured himself a nearly full glass of Pinot Grigio…
US home price growth ‘to stall completely,’ Goldman warns
The US housing market still has “further to fall” in a recent downturn that has sparked fears of a recession, Goldman Sachs analysts warned in a note to clients on…
Fannie Mae says fixed mortgage rates could fall to 4.5% next year
The Good Brigade | Digitalvision | Getty Images Mortgage rates are projected to decline next year — but that doesn’t mean prospective homebuyers should necessarily delay a purchase for the…
Housing prices could fall by 20% in 183 cities, new data shows
Housing prices could dip by as much as 20% in more than 180 markets nationwide if the US economy falls deeper into a recession, according to a new study. Experts…
How the U.S. government can keep household debt in check
On Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt for most borrowers making less than $125,000 annually. But student loans account for less than…
Existing house gross sales drop for 6th instantly month
US present house gross sales fell to a recent two-year low in July, additional proof that the Federal Reserve’s aggressive monetary policy tightening marketing campaign used to be dampening call…
Falling US domestic costs ‘nonetheless nowhere close to the ground:’ economist
A downturn in US home sales and prices is most likely simply starting, a outstanding economist warned on Thursday. Ian Shepherdson, the manager economist at Pantheon Macroeconomics, mentioned in a…
House gross sales fell just about 6% in July as housing marketplace slides right into a recession
An indication is posted in entrance of a house on the market on July 14, 2022 in Corte Madera, California. Justin Sullivan | Getty Images Sales of in the past…
Mortgage call for fell closing week whilst charges declined quite
A For Sale signal is posted in entrance of a assets in Monterey Park, California on August 16, 2022. Frederic J. Brown | AFP | Getty Images Mortgage charges fell…