The good news is that in April, the unemployment rate fell below 4 percent, a first since 2000, according to the latest Employment Situation Summary report from the U.S. Bureau of Labor Statistics. So what’s the bad news?
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Borrowing Power Amidst Rising Mortgage Rates
In a recent Economic Center Blog by First American, their Chief Economist delves into an analysis of the “near certainty” that the FOMC will raise the short-term Federal Funds rate on Wednesday—and what that means for first-time homebuyers.
Read More »Tight Supply Keeping Housing Market Below Potential
The market for existing-home sales continues to underperform, with the potential gap broadening as first-time homebuyers navigate supply shortages and struggle with affordability.
Read More »Housing Starts Surge
Housing starts are on the rise around the country, particularly in the Northeast. But how is the rest of the country faring?
Read More »What Does Lennar’s Billion Dollar Merger Mean for the Market?
Earlier this week the homebuilder announced it was merging with CalAtlantic group—a transaction valued at $9.3 billion. Lennar says this move will have rippling benefits for the market at large.
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