US Real Estate Market Shudders: Experts Predict 40% Lower Sales, March Contracts Dip by 21%

US Real Estate Market Shudders: Experts Predict 40% Lower Sales, March Contracts Dip by 21%According to the National Association of Realtors, pending contracts for property sales dropped by 20.8% in March. Further, the 30-year fixed mortgage interest rate dropped to 3.43%, but a great majority of people are still not interested in buying or renting homes at the moment. Economists predict that home sales could shudder in the next […]

The post US Real Estate Market Shudders: Experts Predict 40% Lower Sales, March Contracts Dip by 21% appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Homeowners Can’t Pay: US Lenders Prepare for Catastrophic Real Estate Market

Homeowners Can't Pay: US Lenders Prepare for Catastrophic Real Estate MarketThe coronavirus has managed to seep into every facet of the global economy and it seems nothing will escape its financial wrath. During the last two weeks as unemployment levels have skyrocketed in the U.S.; analysts, economists, and wealth managers have been warning about another subprime mortgage crisis. Most of these observers believe there’s no […]

The post Homeowners Can’t Pay: US Lenders Prepare for Catastrophic Real Estate Market appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico