Life after FTX: What happens to the crypto buyer pool now?
Real estate developers gleefully took advantage of the crypto craze, as newly minted cryptomillionaires looked to real-life property as a way to diversify. They purchased pricey homes across the country, particularly in cities like Miami – home to the FTX Arena – New York, and Los Angeles. But tha
Rising mortgage rates could take 20% bite out of home prices
A report from the Federal Reserve Bank of Dallas is adding to the chorus of those predicting a big downturn in home prices. Home prices in the country could fall 15 to 20 percent in a “pessimistic” scenario, according to the report published Tuesday. If that correction happens, it could remove 0.5
US home prices falling 15% looks “conservative”: KPMG
An economist is predicting home prices could decline much more than anticipated as the housing bubble begins to pop. A 15 percent drop in home prices for next year is “very conservative,” KPMG chief economist Diane Swonk told Fortune. Swonk’s forecast comes as the market’s correction from the pand
Categories
Recent Posts
