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This scenario may already be playing out: The median home sale price in Austin was down 6.2 percent year-over-year, according to June 2024 Redfin data, and homes there were taking a long 50 days ...
The housing market has been rapidly evolving. Home prices surged in 2020 as mortgage rates plummeted, and over the past couple of years, we've seen a slight cooling of the market as mortgage rates...
The 88240 neighborhood in Hobbs, New Mexico, is projected to see the highest percent decline in average home prices at -7.4%, or a $12,054 decline on the average $162,908 home price.
The first year of the Biden presidency (2021) saw strong growth in real GDP, wages, employment, stock market returns, and household net worth, coupled with an increase in inflation, as the economy recovered from the pandemic recession of 2020. During 2022–2023, the unemployment rate averaged 3.6%.
President Joe Biden is pushing for a $15,000 first-time homebuyer tax credit that could make buying a house more affordable to more Americans. What will the housing market do under Biden?
The stock market has been on a tear in 2024, with the S&P 500 rising by nearly 21 percent over the first three quarters of the year. But the situation may not be so brisk over the coming 12 months ...
Owning a home has been part of the "American dream" for many. But with stubborn inflation, a difficult housing market, short supply and soaring rates, this dream has been placed on hold for many...
A version of this story first appeared at TKer.co. It’s that time of year when Wall Street’s top strategists tell clients where they see the stock market heading in the year ahead.. The ...