The turbulent property insurance market, while improving, has changed the way people buy houses in the Sunshine Sta
Tag: high interest rates
Home Sales in March Had Biggest Decline in 16 Months
Home sales in March posted their biggest decline in more than a year, reversing course after a positive start this year as rising mortgage rates frightened off buyers.
Surging Interest Rates Loom over Apartment Building Owners
Apartment buildings, long considered a real-estate haven, are emerging as the next major trouble spot in the beleaguered commercial-property world.
Life Insurance Is Profitable Again, but Too Late for Many Insurers
Higher interest rates, driven by the Federal Reserve’s anti-inflationary campaign, have provided the life insurance industry a new opportunity to profit.
Higher Interest Rates Are Curing a Capital Glut for Reinsurers
There have been many big storms in recent years. But they haven’t come in a market environment quite like this one, with rapidly rising interest rates.
Auto Dealers Anticipate Softening Demand Amid Higher Rates, Uncertain Outlook
As new-vehicle inventories are gradually replenished, some dealers believe that an uncertain economic outlook and higher interest rates are beginning to dampen demand.
Rising Rates and High Prices Cool Housing Market for Investor Home Buyers
Investor home purchases fell 30% in the third quarter, indicating that the rise in borrowing rates and high home prices are causing these firms to pull back.
Record Home Prices Rev Up the Single-Family Rental Market
Higher borrowing rates and high housing prices are causing many buyers to give up. This is good news for owners of single-family rental properties. Prospective home buyers are confronted with affordability issues that are likely to worsen before they improve. Existing-home sale prices hit a new high of $407,600 in May, while sales fell for… Continue reading Record Home Prices Rev Up the Single-Family Rental Market