Younger Americans continue to see their share of the country’s real estate wealth shrink, while the oldest Americans have seen their portion grow, new industry data shows. Processing Content Americans 70 years or older held 26% of the United States’ $48 trillion in real estate wealth in the third quarter of last year, slightly less […]
Oldest Americans’ share of real estate wealth at record high Read More »
Key Insight: The U.S. involvement in the war with Iran has driven energy prices higher, a development economists say could add to inflation and reduce the likelihood of rate cuts this year. Expert quote: “I think the Fed is just going to sit on its hands quite happily because of what’s going on in Iran
Iran scrambles inflation signals as Fed mulls interest rates Read More »
Pending sales of US existing homes unexpectedly rose in February for the first time in three months as buyers took advantage of lower mortgage rates and slower price growth. Processing Content An index of contract signings climbed 1.8%, according to National Association of Realtors data released Tuesday. The median forecast of economists surveyed by Bloomberg
Pending home sales climbed in February as mortgage rates fell Read More »