DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Robert Dietz"


3 mentions found


☆ More homebuilders lower prices as sentiment falls for ninth straight month
  + stars: | 2022-09-19 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com   time to read: +2 min
More builders are lowering prices for homes as their confidence in the market continues to tumble. Homebuilder sentiment in September fell 3 points to 46 in the National Association of Home Builders/Wells Fargo Housing Market Index. Indeed, builders blame rising rates for their falling sentiment. On a three-month moving average, sentiment in the Northeast fell 5 points to 51 and also dropped 5 points to 44 in the Midwest. In the South, it slipped 7 points to 56, and in the West, where home prices are highest, sentiment declined 10 points to 41.
☆ Confused about the housing market? Here's what's happening now – and what could happen next
  + stars: | 2022-09-09 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com   time to read: +5 min
The U.S. housing market surged during the pandemic as homebound people sought new places to live, boosted by record-low interest rates. Here are the major factors behind the topsy-turvy housing market. Mortgage ratesThe main driver of the slowdown is rising mortgage rates. In the five years before interest rates began to rise, that income-to-payment ratio held steady around 20%. "Given the large role affordability challenges appear to be playing in shifting housing market dynamics, the recent pullback in home prices is likely to continue," Walden said.
☆ Canada's housing bubble is a cautionary tale for the US real-estate market
  + stars: | 2022-04-13 | by ( Alcynna Lloyd | ) www.businessinsider.com   time to read: +5 min
Canada's housing market is in overdrive as prices soar to record highs. The US housing market is starting to resemble Canada's — that should be a cautionary tale for all. As housing affordability plummets in Canada, it's hard to ignore the similarities to the US real-estate market. As affordability plunges in Canada, it stands as a reminder of how inventory can offset a real-estate market. The solution for both countries, Dietz said, is simple in theory but difficult in practice: "The key to improving housing affordability is increasing inventory."
<< prev 2 next >>
Total: 3