The housing market is facing challenges as the spring season transitions into summer. Despite expectations for a more robust market, the reality is quite different. High home prices persist, mortgage rates remain elevated, and there is a lackluster response from consumers even with a slight uptick in home listings. This is evident in the stagnant
Real Estate
The housing market is facing significant challenges according to Bank of America economists. They do not foresee a quick recovery in the housing sector and believe that affordability will not improve unless a recession occurs. The bank points out various factors that are working against a substantial increase in sales and a decrease in prices
As we enter the second half of the year, fixed-income investors may need to reevaluate their portfolio strategies based on the current market conditions. While the Federal Reserve has kept interest rates steady so far, there are expectations of rate cuts in the near future. This article will delve into potential tweaks that investors can