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Home prices hit new high in December but show signs of cooling: Case-Shiller

Home prices across the country hit a new record in December. (iStock) Home prices hit record highs in December, despite high borrowing costs and housing remaining out of reach for many Americans, according to the latest S&P CoreLogic Case-Shiller Index did report. House prices are currently 5.5% higher than this time last year. The 10-city […]

Home prices hit an all-time high in December despite rising mortgage rates

Home prices rose for the 11th consecutive month in December. housing stock It remained painfully low. Nationally, prices rose 5.5% year over year in December, the S&P CoreLogic Case-Shiller Index showed on Tuesday. This was up from the 5% annualized increase recorded in the previous month. On a monthly basis, prices fell 0.4%, according to […]

Home prices hit a new all-time high in December

Real estate agent Mauricio Umanski says high mortgage rates, high prices and a lack of supply are creating difficulties for homebuyers in the Claman Countdown. Home prices rose for the 11th consecutive month in December. housing stock It remained painfully low. Nationwide, prices rose 5.5% year over year in December, the S&P CoreLogic Case-Shiller Index […]

Vermont Gov. Scott requests disaster declaration over December flooding

Vermont Gov. Phil Scott announced Monday that he has requested a major disaster declaration from the federal government to help areas hit by heavy rains and flooding in December. Such a declaration would allow municipalities to be reimbursed for 75% of eligible costs, including debris removal, road and public building repairs, and overtime for staff […]

Mortgage demand tumbles as interest rates rise to highest level since December

Realtor.com Chief Economist Daniel Hale analyzes housing affordability on “Maria Bartiromo’s Wall Street.” Important measures home purchase The number of applications decreased last week due to a sharp rise in mortgage interest rates. Mortgage Bankers Association (MBA) Index Applying for a mortgage loan New data released on Wednesday showed that stocks fell 2.3% in the […]

Biden issues disaster declaration for December storm that battered Maine

Democratic Gov. Janet Mills said Wednesday that President Joe Biden will issue a federal disaster declaration for the massive damage caused in December by the first of three storms to hit the state. announced that it had been released. Despite Lewiston shooting, flooding, Governor Mills says Maine is ‘getting stronger every day’ Mills said the […]

Job openings rise to 9M in December as layoffs increased

U.S. employers announced 9 million job openings in December, a slight increase from November, showing that the U.S. job market remains resilient despite the headwinds of rising interest rates. This is a new sign that there is. The number of job openings rose from 8.9 million in November, but the figure itself was revised upward […]

Consumer confidence hits highest level since December 2021 

According to one survey, U.S. consumers are more optimistic about the state of the economy than they have been in more than two years. new research According to the conference board released on Tuesday. The nonprofit business research group’s Consumer Confidence Index rose for the third consecutive month to 114.8 in January from 108 in […]

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