Al Drago/Bloomberg Processing Content Key Insight: Fed Vice Chair Michelle Bowman said labor market risks remain elevated and cautioned against signaling a policy pause as the central bank weighs its next moves. Expert Quote: “We should also avoid signaling that we will pause without identifying that conditions have changed. Doing so will indicate that we […]
Fed’s Bowman ‘continues to see downside risk’ to labor market Read More »
Investors are taking a larger share of home purchases, but new data shows the growth looks different than the political rhetoric suggests. Processing Content The investor share of single-family home purchases rose to the highest point in five years, according to the latest numbers CJ Patrick prepared for BatchData. Investor buying represented a 34% share
Investor single-family homebuying share hits five-year high Read More »
Confidence among US homebuilders unexpectedly fell in January, as costly sales incentives outweighed a recent boost from lower mortgage rates and the president’s housing proposals. Processing Content An index of market conditions from the National Association of Home Builders and Wells Fargo decreased 2 points to 37 in January, its first decline since August. That
Homebuilder sentiment falls for first time in five months Read More »