Dave Burt, CEO of investment research firm DeltaTerra Capital, believes an overlooked climate risk could see history repeating itself in the housing market.
New listings in March were 20% lower than the same month last year, keeping home prices higher and competition strong.
Signs are accumulating in the housing market that homebuyers waiting on a big price bust a la 2008 or mortgage-rate relief may not get what they want.
It’s the latest, and perhaps most significant, strategic shift that CEO Charlie Scharf has undertaken since joining Wells Fargo in late 2019.
Consumer confidence in the U.S. housing market is improving slightly, as mortgage rates settle and home prices fall.
San Francisco is facing its highest office vacancy rates in nearly 30 years, while also dealing with a housing crisis. Here’s how it can address both issues.