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Top related persons:
” - 2 Ksenia Potapov - 2 didn’t - 1 Robert Frick - 1 Lisa Sturtevant - 1 “ - 1 they’re - 1 Bill Dunkelberg - 1
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American Birmingham , Alabama
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“ - 2 Census - 1 Navy Federal Credit Union - 1 MLS - 1 National Federation of Independent Business - 1 American Express - 1 Housing - 1 Real Estate Consulting - 1

Search resuls for: "Ksenia Potapov"


2 mentions found


☆ Housing Market Hit by Bad Weather, High Mortgage Rates
  + stars: | 2024-02-16 | by ( Tim Smart | Feb. | At A.M. | ) www.usnews.com   time to read: +3 min
The housing market began 2024 in the doldrums as housing starts and permits for new construction both fell, the Census Bureau reported on Friday. Starts fell 14.8%, way more than the flat reading expected by economists. “High mortgage rates, with maybe a dash of cold weather, caused starts and permits to fall from December. The optimism is a turnaround from August 2023, when 80% of small businesses surveyed said their long-term financial confidence was being negatively affected by the economy. Some 50% of small business owners said they were planning to expand in 2024.
Persons: didn’t, ”, Robert Frick, Lisa Sturtevant, Ksenia Potapov, “, they’re, Bill Dunkelberg Organizations: Census, Navy Federal Credit Union, MLS, “, National Federation of Independent Business, American Express Locations: American
☆ New Home Construction Tumbles in August
  + stars: | 2023-09-19 | by ( Tim Smart | Sept. | At A.M. | ) www.usnews.com   time to read: +2 min
The pace of new construction slowed in August amid high mortgage rates and weakening demand, the federal government reported on Tuesday. Housing starts fell 11.3% in August to an annual rate of 1.28 million, the lowest since the summer of 2020. Builders typically pull permits in anticipation of demand, but housing starts occur when lots are ready to be cleared following deposits on future purchases. “The combination of high interest rates, high pricing, and limited inventory has continued to plague the housing market. “And on the supply-side front, builders continue to grapple with shortages of construction workers, buildable lots and distribution transformers, which is further adding to housing affordability woes.
Persons: ”, Kelly Mangold, Alicia Huey, Ksenia Potapov Organizations: Housing, Real Estate Consulting, National Association of Home Builders, First American Financial Corp, “ Locations: Birmingham , Alabama
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