Now might be the time to move to Florida as inventory levels surge and sellers slash prices
It may only be worth it, though, if you’re willing to pay higher insurance rates. Read More Czytaj…
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Economy
1448 posts
JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially’ working as many Americans aren’t feeling ‘lifted up by this economy’
Dimon lauded President Biden’s infrastructure spending, but questioned whether some Americans are being left behind in the current…
The economy seems weaker than advertised and inflation is still running hot—it’s the ‘worst of both worlds’
David Donabedian, CIO of CIBS Private Wealth US, warned the spike in core inflation seen in the latest…
Mortgage rates are a ‘wild card’ in the housing market—and they’re edging closer to 8%
[[{“value”:”Higher mortgage rates could trigger more pullback in sellers, Realtor.com’s chief economist wrote in a weekly report. Read…
Turkey tops the world in stablecoin buying share vs. GDP
Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis. Czytaj…
It’s not just investors watching the Fed
A stronger U.S. dollar can lead to more pressure on currencies in emerging economies which could then trap…
Luxury home prices have gotten so unwieldy that Ye, formerly Kanye West, had to slash the price of his Malibu mansion by around $14 million
Some of Ye’s Malibu neighbors reportedly said the property was “left to rot.” Read More Czytaj więcej We…
A new reality of 7% mortgage rates could be setting in, top economist says
[[{“value”:”“If we look at where a 10-year Treasury yield is trading or settling, that’s a key driver of…
RE/MAX chairman shrugs off groundbreaking $418 million commissions settlement, saying realtors will adapt
[[{“value”:””If you look at the oil embargoes, you look at 17% interest rates, you look at the 2007…
Nearly half of all baby boomers couldn’t afford their current homes if they were to buy them today, survey finds
[[{“value”:”“Rising home prices are a double-edged sword,” a Redfin senior economist said. Read More”}]] Czytaj więcej We współpracy…