According to Fannie Mae's Economic and Strategic Research Group, experts project the gradual tightening in credit conditions due to recent bank turmoil will contribute to a modest recession beginning in the second half of 2023. Click here to learn more.
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Harvard: Housing Recovery Hinges on Millennial Participation
Millennials are so hot right now. Advertisers spend sleepless nights wondering how to associate this “cool” generation with their products and services. In their annual “State of the Nation’s Housing” report, the Joint Center for Housing Studies of Harvard University suggested that participation in the housing market from the segment of the population age 18 to 34 is also the key to a robust housing recovery.
Read More »Home Prices Post Gains in February
CoreLogic released its Home Price Index (HPI) for February, which found that home prices increased by 12.2 percent from the previous year. The CoreLogic figure includes home prices of distressed sales, and represents 24 months of consecutive year-over-year increases in home prices nationally.
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