Real Estate News 03/15/2024

Today’s News Synopsis:

More than half (53.2%) of U.S. homeowners and renters say housing affordability is impacting who they plan to vote for in the upcoming presidential election. That’s according to a Redfin-commissioned survey conducted by Qualtrics in February 2024. The nationally representative survey was fielded to roughly 3,000 U.S. homeowners and renters.

In The News:

Redfin – “Majority of U.S. Homeowners and Renters Say Housing Affordability Affects Their Pick for President“ (03-11-24)

“Meanwhile, nearly two-thirds of respondents to a new Redfin survey say housing affordability makes them feel negative about the economy.”

Yahoo Finance –  “The Fed’s 2% inflation target is a source of growing liberal discontent“ (03-12-2024)

“The Federal Reserve’s goal is to get the inflation rate at least near 2% before it begins cutting interest rates. ”

NAR-  “March 2024 Commercial Real Estate Market Outlook” (03-07-24)

“These slides were presented by NAR Chief Economist Lawrence Yun at the NAR Real Estate Forecast Summit: Commercial Update on March 7, 2024..”

Key to your Home Blog – “15-Year vs. 30-Year Loans Compared” (03-15-2024)

“Choosing the right mortgage term is a critical decision when purchasing a home. The two most common options are 15-year and 30-year mortgage terms.”

NAR-  “10 Highlights From the 2024 New American Home” (03-11-24)

“Peek inside this year’s show home, spotlighting the latest building innovations and design trends.”