Real Estate News 11/06/2023

Today’s News Synopsis:

In a report shared exclusively with CNBC Make It, doxo analyzed the cost of household bills and found the average U.S. household spends $2,046 a month.

In The News:

CNBC – “The most—and least—expensive large U.S. cities based on the cost of monthly expenses like rent, utilities, and more” (11-02-2023)

“In a new report shared exclusively with CNBC Make It, doxo, a bill pay service, analyzed the cost of monthly household bills to determine the most and least expensive big cities in the United States.”

The Economist (Yahoo Finance) –  “Investors are paying close attention to the world’s safest assets” (11-02-2023)

“America’s fiscal branch once funded itself with “tactical” bond sales. Officials would survey market participants and issue debt in response. But this process proved highly disruptive to financial activity. So in 1982, they adopted a new approach: a regular schedule of issuance would be followed, communicated long in advance.”

TheMortgageReports –  “The 1 Percent Down Mortgage: How It Works and Who Benefits” (11-06-2023)

“Is there such a thing as a 1 percent down mortgage? In other words, can you really make a 1-percent down payment when you buy a home? Well, you may be able to if you have a modest income and a 620 credit score.”

NAR –  “October 2023 Commercial Real Estate Market Insights” (11-06-2023)

“Here is how each commercial real estate sector performed in the third quarter of 2023.”