by Eliot Force | Mar 30, 2024 | Economy, Housing
The price of homes rose again in January as demand continues to outpace low supply caused by high interest rates. The S&P CoreLogic Case-Shiller index, which measures home prices, reported a 6% year-over-year increase for the month of January. That’s up from a...
by Eliot Force | Mar 7, 2024 | Economy, Featured, Housing
Home prices grew at a solid rate in December despite persistent high interest rates. The S&P CoreLogic Case-Shiller index, which measures home prices, reported a 5.5% year-over-year increase for the month of December. That’s up from a 5.0% increase in November....
by Mrinalini Nayak | May 23, 2023 | Economy, Housing, Inflation, Jobs, Manufacturing
Ajax Paving Industries, Florida LLC couldn’t be any busier this year. The company is bagging multiple contracts for re-building interstate highways and roads in Florida as the fast growing state sees skyrocketing development from building roads and airports to homes...
by Mrinalini Nayak | Apr 24, 2023 | Economy, Housing
US home prices have been declining steadily for the past seven months, a sign that the housing market is contracting as the Federal Reserve raises interest rates to combat inflation. The new Case-Shiller indicator which will be released on Tuesday, is expected to show...
by Mrinalini Nayak | Apr 18, 2023 | Economy, Housing
The prices of single-family homes across the U.S. continued to decline in January, for the seventh month in a row, just as mortgage rates continued to cool across the country. Nationally seasonally adjusted monthly home prices declined 0.2%, according to the S&P...
by Mrinalini Nayak | Apr 16, 2023 | Economy, Housing
As rents have skyrocketed across the country in recent years, tenants have been forced to take extreme measures to hold onto their homes: borrowing money from family and friends, taking out high-interest payday loans and running up their credit card balances to pay...
