Surprising GDP and jobs numbers have investors buying stocks and selling bonds over worries that Fed policymakers will continue hiking rates to combat inflation.
Category: Markets & Economy
Experts share fall market forecasts and hiring mistakes to avoid
In this week’s new Inman Access classes, get insights and predictions on what the upcoming fall housing market may have in store and take a deep dive into how to avoid certain hiring pitfalls.
New home sales jumped 20% in May, a 12.2% jump from April
In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. New home sales surged 20 percent from a year ago during May as homebuyers continued […]
Fed tightening likely to produce a ‘modest recession:’ Economists
Fannie Mae forecasters say the Federal Reserve’s decision on how high and long to keep rates up presents “a major risk over the next year,” with a question of a downturn more a matter of “when” than “if.”
Jumbo mortgage rates rise as lenders pull back
Rates for mortgages backed by Fannie and Freddie continue to ease despite Federal Reserve Chairman Jerome Powell’s tough talk on inflation, but liquidity issues put pressure on bigger loans.
Housing starts see biggest increase since 2016
Housing starts were at a seasonally adjusted rate of 1,631,000 for May — a 21.7 percent jump from April and 5.7 percent higher than the levels recorded in May 2022, according to U.S. Census Bureau data.
Women are masters of the financial universe. They just don’t know it
Within the next five to eight years, women will control an astounding $32 trillion of the country’s wealth. Sadly, many are totally unprepared to handle what’s ahead.
Does low inventory make the market crash-proof?
On The Download this week, we’re asking: Is low inventory having a protective effect on the housing market? How long can it last?
EXCLUSIVE: Read Inman’s Blueprint 2.0 for Uncertain Times
Real estate’s top thought leaders shared their best advice for thriving in a slower market during CEO Connect in New York last month. Here’s what they had to say.
Hubzu operator Altisource raising money in public stock offering
The debt-burdened company notified regulators in December of plans to raise up to $100 million through a public stock offering.