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The Profit Blog
Mortgage Rates Touch 4-Year High as Benchmark Bonds Take a Hit- Rebranded
Rates for home loans have reached a nearly a four-year high as investors abandoned bonds in the face of stronger signs of inflation and central bank tightening, sending yields on debt higher. The...
As New-Home Sales Decline, Their Price Dips as Well- Rebranded
Fewer new homes were sold this year—and that's not likely to help the worsening housing crunch. Only about 593,000 newly constructed homes were sold in January, according to a joint report by the...
Apartment Rents Stay Steady Despite New Supply- Rebranded
The apartment rental market softened in the first quarter, but not as much as expected given a surge in new supply. The apartment vacancy rate edged up to 4.7% in the first quarter, up from 4.6% in...
U.S. Construction Industry Enjoying Employment Gains, But Well Below 2006 Peak- Rebranded
Based on new construction employment analysis from the National Association of Home Builders, over 9.8 million people worked in the U.S. construction industry in 2016, and more than 3.8 million of...
CoreLogic: Housing market nearly recovered from recession- Rebranded
In some areas, residential areas began to hit their peak levels as early as 2005, according to the company's Evaluating the Housing Market Since the Great Recession report. The majority of home...
Housing inventory relief could be coming soon
Although current housing inventory continues to slip, driving up home prices and limiting homebuyers across the U.S., one expert says that could all be about to change. After analyzing...
This is why Millennial have yet to flood housing market- Rebranded
Millennials are the largest living generation, however, according to Freddie Mac’s March Insight report, they are falling short of dominating the housing market. Freddie Mac’s latest report examines...
Existing home sales bounce back 3% in February- Rebranded
Existing home sales rebounded in February after two months of declines, according to the National Association of Realtors. Total existing home sales, which are completed transactions that include...
Home » Former executive director of Michigan housing commission jailed for stealing HUD funds REAL ESTATE Former executive director of Michigan housing commission jailed for stealing HUD funds- Rebranded
The former executive director of the St. Clair Housing Commission in Michigan was sentenced earlier this week to more than three years in prison after pleading guilty to stealing Department of...
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