Por: Fox Business Business September 29, 2022
Check out what's clicking on FoxBusiness.com Recession fears may prove to be the elusive cure for rising mortgage rates. The impact of the Fed’s inflation-curbing strategy is seen clearest in the housing market as prospective buyers take a big step back, slowing sales, according to Redfin Deputy Chief Economist Taylor Marr.Marr added, ironically, that it may take renewed fears of a recession to actually bring some relief to potential... + full article
MarketWatch USA Politics September 30, 2022
Still, the U.S. housing market will shift in favor of home buyers by the end of 2023, 44% of 107 economists and housing experts for its Home Price Expectations Survey said. And 12% of these experts believed that shift will happen sooner — that is, this year. Yet roughly 45%... + más
On Home Prices, Powell Forecasts A Correction, What Is He Seeing? | Forbes
Ginther: $1.5 billion bond package will go before Columbus voters this November | 10 WBNS
Forbes USA Business September 29, 2022
Topline The U.S. economy shrank for a second quarter in a row this year, a third and final estimate from the Bureau of Economic Analysis confirmed Thursday—once again signaling the start of a technical recession even as economists predict signs of a slowdown will only grow in... + más
Final GDP estimate for Q2 confirms negative economic growth | Fox Business
Final GDP reading shows US economy shrank 0.6% in the spring, cementing start of recession | Fox Business
Forbes USA Business September 27, 2022
Federal Reserve Chair Jerome Powell departs after speaking at a news conference Wednesday, Sept. 21, ... [+] 2022, as the Fed has raised interest rates will it push the U.S. into recession? (AP Photo/Jacquelyn Martin)Associated Press Many forecasts are now calling for a U.S.... + más
How Long Do Recessions Last? When Are They Over? | Forbes
Forget a soft landing. The market's best hope is a 'growth' recession | CNN
MarketWatch USA Business September 26, 2022
A year ago, only 12.1% of home buyers were backing out of deals. Typically 12% of deals fell through prior to the pandemic, Redfin said. But the last time this number spiked — prior to this fall — was at the onset of the coronavirus pandemic in March/April 2020. Buyers were... + más
'They’re waiting to see if home prices fall': Home buyers are backing out of contracts in the Sun Belt at a record rate | MarketWatch
Home prices might drop but won’t crash: What buyers should know | WGN-TV
MarketWatch USA Politics September 26, 2022
Adjustable-rate mortgages becoming more attractive to buyers | ABC News
Forbes USA Business September 24, 2022
Getty Images Key Takeaways In December 2007, the U.S. entered its worst economic slowdown since the Great Depression. Commonly known as the 2008 recession or the Great Recession, this event altered the course of millions of Americans’ lives. The 2008 recession was a long one,... + más
US economic barometer drops for sixth month in a row, potentially 'signaling a recession' | CNN
EXPLAINER: How do we know when a recession has begun? | ABC News
ABC News USA Business September 22, 2022
The Federal Reserve’s string of has thrown cold water on the once red-hot housing market.Existing home sales fell for the seventh straight month in August, down 0.4%, according to the National Association of Realtors, as the central bank aggressively raises interest rates to... + más
This is how the Fed's latest interest-rate hike will affect you | CBS News
Mortgage rates rise to nearly 6.3%, the highest level since 2008 | CNN
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