Week of August 22, 2022 in Review Fed Chair Jerome Powell gave an important speech at the annual Jackson Hole Economic Symposium, while two July housing reports showed a slowdown in signed contracts for new and existing homes. Here are the key stories:...
Realtor.com reports active inventory continues to grow, up 30% from a year ago. This jump in supply gives today’s shoppers an extra home to consider for every three that were on the market this time last year. More inventory is good for buyers. Home price growth may...
NEW TEXAS LAW FOR HOMEOWNERS AND HOA’S BEGINNING SEPTEMBER 1, 2022: • Senate Bill 1588: • Homeowners anywhere in Texas will be allowed to put up a perimeter fence around their property for added security (front, sides, and/or back of homeowner’s property). The...
Smart-home technologies may help a growing number of older adults age in place, enabling them to improve their quality of life and continue to live independently longer, research shows. “Emerging technologies like smart beds and systems that detect falls can make aging in...
Consumer inflation remained near a 40-year high and home purchase activity stayed strong in May. Home prices also continued to rise in April. And with first quarter GDP reported at -1.6%, May’s lower than expected Personal Spending report was especially significant. Here’s what...