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  • What salary is needed to buy a home in these popular U.S. cities?
    Real Estate News

    What salary is needed to buy a home in these popular U.S. cities?

    March 6, 2023 /

    olsword/Getty Images The real estate market has been volatile over the past few years. We’ve experienced high buyer demand, persistently low inventory and mortgage rates rising steeply after a period of record lows. In many cases, elevated home prices mean housing is less affordable today than before the pandemic, and increased inflation has made purchasing a home even more challenging. Rents are rising as well, with the average monthly cost of a one-bedroom apartment increasing by more than 7 percent year-over-year in January, according to data from Zumper. If you’re hoping to buy a home in 2023, how much can you afford to spend? It depends on a lot of…

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    Francis McGee Comments Off on What salary is needed to buy a home in these popular U.S. cities?

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    London’s luxury home sellers turn to WhatsApp as private sales surge

    London’s luxury home sellers turn to WhatsApp as private sales surge

    January 30, 2023
    When Will Housing Prices Drop? | Real Estate

    When Will Housing Prices Drop? | Real Estate

    January 15, 2023
    Real-Estate Investing With Little or No Money Down: Investor

    Real-Estate Investing With Little or No Money Down: Investor

    January 22, 2023
  • San Diego home sales fall to lowest level in 35 years
    Real Estate News

    San Diego home sales fall to lowest level in 35 years

    March 1, 2023 /

    January is generally a sluggish thirty day period for house sales in San Diego — but it is never ever been this slow. There ended up 1,682 household sales in January, CoreLogic described Tuesday, which was the lowest at any time recorded in data heading back again to 1988. Prior to this, the slowest month was 1,742 product sales in February 1995, when considerably of the nation’s housing sector was likely by way of a continuous time period of a decline soon after a run-up in selling prices in the late 1980s. This story is for subscribers We provide subscribers exclusive entry to our most effective journalism.Thank you for your…

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    Francis McGee Comments Off on San Diego home sales fall to lowest level in 35 years

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    China property stocks surged amid warnings of weak reality, high expectations

    China property stocks surged amid warnings of weak reality, high expectations

    November 21, 2022
    Real-Estate Agents Face a Reckoning As Housing Market, Home Sales Slow

    Real-Estate Agents Face a Reckoning As Housing Market, Home Sales Slow

    April 20, 2023
    Housing market gets boost as home sales see highest spike since 2020

    Housing market gets boost as home sales see highest spike since 2020

    February 28, 2023
  • Pending Home Sales Crush Estimates, Rise 8.1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in January | Economy
    Economy News

    Pending Home Sales Crush Estimates, Rise 8.1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in January | Economy

    March 1, 2023 /

    Pending property sales ongoing their rebound in January, blasting earlier estimates with an 8.1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} enhance and marking the second thirty day period in a row they have risen, the Countrywide Association Realtors stated Monday. The organization’s index, a forward-hunting indicator as it demonstrates deal signings that may possibly not shut for a month or so, hit 82.5, up from December’s 76.9. Economists had envisioned a 1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} maximize for the month. Though good, the speed of income is even now 24.1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} under a yr back as mounting home finance loan and limited inventories take their toll on the housing market place as it prepares for the spring shopping for period. Even…

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    Francis McGee Comments Off on Pending Home Sales Crush Estimates, Rise 8.1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in January | Economy

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    What Will the US Economy Look Like in 2023?

    What Will the US Economy Look Like in 2023?

    December 25, 2022
    Fed’s Favored Inflation Gauge Shows Improvement in Inflation | Economy

    Fed’s Favored Inflation Gauge Shows Improvement in Inflation | Economy

    December 2, 2022
    Mass. employers are less optimistic about the economy

    Mass. employers are less optimistic about the economy

    April 11, 2023
  • Housing market gets boost as home sales see highest spike since 2020
    Real Estate News

    Housing market gets boost as home sales see highest spike since 2020

    February 28, 2023 /

    A slight decrease in home loan premiums in December and January contributed to an advancement in pending property profits for a second consecutive thirty day period, in accordance to details launched Monday by the National Affiliation of Realtors. The Pending Dwelling Income Index – a forward-searching indicator of dwelling gross sales dependent on deal signings – improved 8{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in January. 12 months-more than-year, pending transactions dropped by 24{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The previous time pending contracts registered an above 8{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} regular monthly maximize was three months immediately after the pandemic lockdown, when showings came to a standstill. In June 2020, pending property gross sales speed increased 17{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in contrast to the past thirty day period. “Buyers…

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    Manhattan apartment sales plunge in Q4, brokers fear frozen market

    Manhattan apartment sales plunge in Q4, brokers fear frozen market

    January 5, 2023
    North Country real estate used to be a “buyer’s market.” Not anymore

    North Country real estate used to be a “buyer’s market.” Not anymore

    December 11, 2022
    These States Are Most at Risk for Falling Home Prices

    These States Are Most at Risk for Falling Home Prices

    March 10, 2023
  • Fleeing Nicaraguans a boon to economy back home
    Economy News

    Fleeing Nicaraguans a boon to economy back home

    February 27, 2023 /

    MEXICO City — Every thirty day period, Antón Martínez, 38, sets apart $200 from his wages as a dishwasher in the United States to deliver home to his mom in Nicaragua. Martínez needs it could be extra, but he’s still attempting to uncover his footing in the new region and pay off the credit card debt of his migration. His monthly contribution to relatives back again residence was aspect of a 50{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} surge in remittances to Nicaragua in 2022, a substantial jump that analysts attribute to the thousands of Nicaraguans who emigrated to the U.S. in the previous two a long time. They have been leaving as the govt intensifies…

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    Inflation cooling is good economic news. It might not feel like it

    Inflation cooling is good economic news. It might not feel like it

    December 17, 2022
    Economic Monitor says Savannah economy slows amidst recession fears

    Economic Monitor says Savannah economy slows amidst recession fears

    December 19, 2022
    Why the U.S. economy will avoid a recession, but freight will slow in 2023

    Why the U.S. economy will avoid a recession, but freight will slow in 2023

    December 14, 2022
  • Stocks slide after economic warnings from Walmart, Home Depot
    Finance News

    Stocks slide after economic warnings from Walmart, Home Depot

    February 22, 2023 /

    U.S. stocks plunged Tuesday as the prospect of greater-for-extended desire prices and letdowns from significant-box retailers dampened the temper on Wall Avenue to commence a fast paced vacation-shortened 7 days. The U.S. stock and bond markets were closed on Monday for Presidents Day. The S&P 500 (^GSPC) nosedived 2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, falling underneath the key 4,000 stage, although the Dow Jones Industrial Typical (^DJI) drop almost 700 points, or 2.1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The technological innovation-major Nasdaq Composite (^IXIC) tanked 2.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. Traders evaluated quarterly financials from Walmart (WMT) and the Household Depot (High definition) for updates on the wellbeing of the U.S. consumer, which has so much remained resilient in the facial area of stubbornly…

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    ChatGPT may be able to predict stock movements: finance professor

    ChatGPT may be able to predict stock movements: finance professor

    April 14, 2023
    One of the most frequently cited risks to stocks in 2023 is ‘overstated’

    One of the most frequently cited risks to stocks in 2023 is ‘overstated’

    December 12, 2022
    Apple stock in focus as CEO Tim Cook spooks with one phrase

    Apple stock in focus as CEO Tim Cook spooks with one phrase

    February 5, 2023
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