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Top related persons:
Rick Sharga - 2 CJ Patrick Company - 2 Sharga - 2 ” - 1 Skylar Olsen - 1 Green - 1 “ We’re - 1 ” Sharga - 1
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Wall Street - 2 CNN - 1 homebuyers - 1 Federal Reserve - 1 Fed - 1 Reserve - 1 CJ - 1 Homes - 1

Search resuls for: "CJ Patrick Company"


2 mentions found


☆ The worst may be over for homebuyers
  + stars: | 2024-07-23 | by ( Samantha Delouya | ) edition.cnn.com   time to read: +5 min
But there are now signs that maybe, just maybe, the worst could be over for homebuyers. “June, in particular, has started to show the housing market slowing down in favor of buyers,” said Skylar Olsen, Zillow’s chief economist. While the Fed doesn’t directly set mortgage rates, its actions do influence borrowing costs throughout the economy. For the past two years, potential homebuyers have faced a double whammy of high prices and high mortgage rates. “We’re sitting today at probably, if not the worst affordability ever, really close to the worst affordability ever — so we almost have nowhere to go but up,” Sharga said.
Persons: ”, Skylar Olsen, Green, Rick Sharga, CJ Patrick Company, “ We’re, ” Sharga, “, ” Olsen, “ That’s, Sharga, Leslie Heindel, ” Heindel Organizations: CNN, homebuyers, Federal Reserve, Fed, Reserve, CJ, Homes, Wall Street Locations: New Orleans
☆ Average homebuyers are beating out Wall Street landlords
  + stars: | 2023-11-29 | by ( James Rodriguez | ) www.businessinsider.com   time to read: +15 min
The shutdowns of 2020 created a perfect storm for the housing market — and supercharged the clash between Wall Street and regular homebuyers. Given the attention these markets received during the pandemic, it's no wonder that the battle between Wall Street and Main Street became the dominant story of COVID-era homebuying. Advertisement"If Wall Street was really gobbling up Main Street," Sharga told me, "we would see homeownership rates go down." Wall Street landlords have also been increasingly selling off homes to regular people, a Business Insider analysis found. Still circlingWhile average homebuyers have staged a comeback over the past three years, Wall Street isn't ready to jump out of the housing market altogether.
Persons: homebuyers, That's, Wall, elbowed, Rick Sharga, CJ Patrick Company, they're, who've, Axios, Sharga, CoreLogic, Pretium —, John Voorheis, Voorheis, —, Freddie Mac, James Rodriguez Organizations: Rage, Federal Reserve Bank of Philadelphia, Parcl Labs, Labs, National Association of Realtors, Wall Street, Investor, Wall, Tricon, Associates, Investors, Center for Economic Studies, Census Locations: Phoenix, Chicago, homebuilders, homeownership, Dallas, Charlotte, North Carolina, Atlanta
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