Finance News – U.S.
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Florida's grim warning for America's real estate
The current challenges faced by Florida's property market may indicate broader financial risks and potential shifts in valuation trends affecting the wider United States real estat...
Read Full Article →America's housing market is cracking
Rising mortgage rates and increasing home prices are contributing to slower sales and decreased affordability, which could impact economic growth and the broader real estate sector...
Read Full Article →There are almost half-a-million more home sellers than buyers right now
The current imbalance between a significantly higher number of home sellers compared to buyers may lead to changes in pricing dynamics, inventory levels, and overall market activit...
Read Full Article →Home sales poised to slump even more as mortgage rates hit three-month high
Rising mortgage rates have increased borrowing costs, potentially reducing buyer demand and further slowing the already weak housing market this spring.
Read Full Article →Lowe’s sales fall, as customers are avoiding products that cost $500 or more
Lowe’s reported a decline in revenue influenced by reduced demand for higher-priced items amid challenging housing conditions and economic uncertainty, while maintaining its profit...
Read Full Article →Lowe's beats Wall Street on earnings, even as the housing market chills
Lowe’s reported stronger-than-expected profits despite challenges from a cooling housing market, indicating resilience in its financial performance amid broader industry demand sof...
Read Full Article →Mortgage demand drops after interest rates jump to the highest level since February
The recent increase in interest rates to their highest point since February has led to a decline in mortgage applications, impacting borrowing activity and potentially influencing...
Read Full Article →Home Depot shows that the housing market chill is hitting hard
Home Depot's mixed sales results in the first quarter reveal underlying challenges in the housing sector, as overall revenue increased but same-store sales experienced a slight dec...
Read Full Article →Mortgage rates jump above 7% after Moody’s downgrade of U.S. credit
Rising borrowing costs following the credit rating reduction may lead to higher monthly payments, potentially slowing home purchases and impacting overall economic activity in the...
Read Full Article →Here's exactly how unaffordable today's housing market is — and where it's getting worse
Despite an increase in available properties, many potential homebuyers continue to face significant financial challenges due to persistently high prices and limited affordability i...
Read Full Article →Tenants are being charged eviction fees even if they don't get evicted
Some renters face additional charges from landlords related to eviction processes, leading to legal disputes over the legitimacy of these fees when no formal removal occurs.
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