The Street.com: Many Americans could deplete their savings this fall, a study says. U.S. households are blowing through their pandemic-era savings, with many consumers’ accounts going bust in the third quarter of 2023, the Federal Reserve […]
FoxBusiness.com: Existing home sales slump in July as supply shortage, high mortgage rates limit buyers’ options. U.S. existing home sales continued to slide in July as a combination of steep mortgage rates and a worsening supply shortage […]
TheStreet.com: The Fed meeting in Jackson Hole, Wyoming will have a big impact on what happens next to the stock market. Wall Street analyst Tom Lee raised lots of eyebrows when he predicted last year that […]
RealInvestmentAdvice.com: Since the beginning of 2022, the media has regularly warned a recession is coming. As we suggested previously, if a recession DID occur, it would be the most well-forecasted recession ever on record. Something else has […]
FoxBusiness.com: Americans are pouring out of cities with high property taxes and relocating to places like Tennessee in search of lower rates as they try to reduce hidden costs of homeownership. That’s according to a new analysis […]
CNBC.com: Rising mortgage rates are hitting potential homebuyers hard, and that is taking steam out of the homebuilding market. Builder sentiment in the market for newly built homes dropped 6 points to 50 in August, […]
SchiffGold.com: The Consumer Price Index (CPI) data for July came out last week. Even though the headline number ticked up slightly compared to June, most mainstream analysts took it as a sign that the Federal Reserve […]
FoxBusiness.com: For homebuyers and sellers alike across America, there’s a massive “struggle” being felt to close deals or make any money. “The challenges to real estate buyers and sellers right now are probably the greatest ever,” real […]
DailyReckoning.com: You’re probably aware that Fitch has downgraded the credit rating of the United States from AAA to AA+. It was big news last week. That’s nothing to cheer about, though it’s not likely to […]
Realtor.com: Foreclosures in America are on the rise for the second year in a row. This puts a firm bookend on an 11-year decline in the forced repossession or sale of a home when a […]
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