As we wrap up 2024, the housing market has seen a growth in supply, but there's a catch. Many homes have been on the market for quite a while without finding buyers, a trend not seen since 2019. In November 2024, active listings were up by 12. 1% compared to the same month in 2023, hitting the highest level since 2020, according to a report by Redfin. Over half of th...
Recent global events like the digital revolution, health crises, and economic turmoil have shaken up both digital and traditional asset markets, changing how we invest. This study looks at how Non-Fungible Tokens (NFTs), Decentralized Finance (DeFi) assets, and the housing market interact during extreme events. From March 5, 2018, to January 8, 2024, major events lik...
Hey there! Did you know that the average rate for a 30-year mortgage in the US just dropped a bit? It went from 6. 79% to 6. 78%, ending a six-week rise. Why is this happening? Well, mortgage rates are like a mirror reflecting the 10-year Treasury bond yields, which have recently been bouncing around. Just last week, these bond yields jumped because of expectations ...
You might be wondering what's happening in the housing market lately. Well, mortgage rates have been on the rise, and it seems like everyone is taking a moment to think about what this means. Last week, mortgage rates jumped to their highest point since July. This increase happened as investors started to think about what a Trump presidency could mean for the economy...
In the wake of the September 10 presidential debate, the spotlight shone on Vice President Kamala Harris's housing plan, touted as a solution to make homeownership and renting more affordable for working Americans. However, a closer look reveals a plan that would only exacerbate the housing crisis, driving up costs and reducing supply. It's essential to understand ...
The mortgage market is experiencing a rare bout of optimism as interest rates plummeted to their lowest level since early 2023. This unexpected development has sparked hope among potential homebuyers who have been waiting on the sidelines for the perfect moment to make a move. Freddie Mac announced that the standard 30-year fixed-rate mortgage averaged 6.09% in the w...
The recent surge in RH's (NYSE:RH) shares, driven by better-than-expected Q2 results and upbeat Q3 guidance, is a testament to the company's ability to adapt and thrive in a challenging housing market environment. With investments in product transformation and platform expansion paying off, RH's same-store sales increased by 7% in Q2, and accelerated to 12% growth in...