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Lennar chairman says interest rate drop luring home buyers back to the marketAfter a tough fourth quarter, Lennar's chairman Stuart Miller said December's interest rate drop spurred a surge in customer traffic through their model homes. That could bode well for the broader market in new homes.
Source: CNBC - 🏆 12. / 72 Read more »
Home-builder confidence rebounds as housing market catches a breakA monthly sentiment tracker rebounded more strongly than expected, boosted by falling mortgage rates and perhaps stronger stock prices. Bullshit The market is so displaced with thier outright lies, I dumbfounded. Speechless,
Source: MarketWatch - 🏆 3. / 97 Read more »
Real-estate agents say government shutdown is impacting the housing marketA new study from the nation’s leading real-estate agent advocacy group shows how the federal government shutdown is curbing economic activity. I disagree, we are busier than usual here in the nations capital, its as if the spring housingmarket came early
Source: MarketWatch - 🏆 3. / 97 Read more »
Housing Market Is Canary in Interest-Rate Coal MineThere may be reason to worry that the whole U.S. economy has become dependent on low rates and that the housing market is merely the first area to show symptoms of it. Well, duh. remember early 90's ? you have to raise interest rates when economy is very good …… or banks will go bankrupt on unpaid loans …..trump went bankrupt in the early 90s …..I love to borrow money with no interest …..wake up
Source: WSJ - 🏆 98. / 63 Read more »