Housing Market Gridlock: Buyers Are Eager, but Sellers Are Scarce
Homeowners with low-rate mortgages are delaying the decision to sell until market conditions change.
Posted inFederal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Labor Department (US) Prices (Fares, Fees and Rates) Recession and Depression United States Economy Wages and Salaries
Wages Continue to Grow, Good for Workers but a Worry for the Fed
Wages and salaries for workers rose 5.1 percent from a year earlier, which helps employees keep up with the rising cost of living but complicates the Federal Reserve’s efforts to tamp down inflation.
Inflation Cooled in March, but Stubborn Price Increases Remain
The Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures index, slowed in March. But signs point to staying power.
Posted inBanking and Financial Institutions Blackstone Group, The Buildings (Structures) Coronavirus Return to Office Foreclosures Interest Rates Landlords Mortgage-Backed Securities Mortgages Property Taxes Real Estate (Commercial) Rechler, Scott H RFR Holding Corp Tishman Speyer Properties United States Economy Willis Tower (Chicago, Ill)
Stress Builds as Office Building Owners and Lenders Haggle Over Debt
The health of banks and cities and the nation’s economy could hinge on high-stakes negotiations over commercial real estate loans.