Housing Market Positioned for a Gentler Slowdown Than in 2007

The U.S. housing market is running out of steam, but its slowdown looks nothing like the historic collapse that took down the whole economy in 2007.

Home-price growth has slowed for the last several months and is expected to continue slowing as mortgage rates rise. The volume of existing home sales has fallen compared to a year earlier for six straight months. In August, the three-month moving average of new single-family homes built was just over 860,000, down from nearly 900,000 at the beginning of the year.

  • logo
  • Publisher: WSJ
  • Date: 2018-10-13T12:02:00.000Z
  • Author: Laura Kusisto
  • Twitter: @WSJ
  • Citation: Web link

Latest tweet by publisher

Check out this next one:

Facts and falsehoods about the US labor market: A long

For several years now, we have heard economic commentators proclaim the United States had reached ‘full employment.’ And yet the economy just kept adding jobs, and the unemployment rate kept falling.

* * *

Over the last couple years, both on your blog and on Twitter, you’ve critiqued some analysts who have been saying for years that we are at full employment. Now it looks like your critiques have been vindicated, because it looks like we have not been at full employment for the last few years. The unemployment rate keeps falling month after month. But with unemployment now below 4 percent, have we reached full employment?

  • Publisher: AEI
  • Twitter: @AEI
  • Citation: Web link

Latest tweet by publisher

Redfin: An Integrated Full-Service Real Estate Competitor

Risk Management Tips for Protecting Your Real Estate Business

To be a great real estate agent, you should be focused on two things: being a successful agent, and the happiness of your clients. To do this, you have to be aware of the various risks that you or your clients may encounter.

Save All of Your Documents In most states, real estate agents are required to save all documents pertaining to their clients for six years. These documents include everything from financial statements to legal documents. By keeping the documents, you are ensuring protection for yourself should a situation arise.

Mortgage Fraud As the real estate market and the need for homes continues to grow, so does the increase in mortgage fraud. As a real estate agent, you should be prepared to see and understand the signs of a possible mortgage fraud.

  • Publisher: RISMedia
  • Date: 2018-10-11T16:06:03-04:00
  • Twitter: @rismediaupdates
  • Citation: Web link

Latest tweet by publisher

(S:1) #1539470185


Leave a Reply