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Do St. Joe's (NYSE:JOE) Earnings Warrant Your Attention?
Low mortgage rates should have boosted housing construction stocks, but why did the opposite happen?
Despite the retreat of national bond yields, housing construction stocks have been falling. The decline in mortgage rates should have been good news, but oversupply and weak buyer demand have made investors hesitant.
Younger Generations Are Owning Homes at Increased Rate Despite Financial Concerns
Although younger Americans express concerns about the financial challenges associated with owning a home, that hasn't stopped them from becoming homeowners at an increased rate compared to older generations.
Express News | China donates hurricane relief supplies to Grenada.
Americans can't really afford to buy houses! The affordability of housing has fallen to its lowest point since 2007.
For ordinary income earners in the USA, the affordability of owning a home is lower than at any time since 17 years ago.
US housing prices may fall back in 2025! Heavy signal: now entering a buyer's market, with nationwide inventory reversing and increasing by 4%.
National housing inventory in the United States increased by 4% in the first quarter of this year, and a well-known financial blogger said that now is the time to enter the buyer's market.