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Real Estate

“More homebuilders lower prices as sentiment falls for ninth straight month”

“…Homebuilder sentiment in September fell 3 points to 46 in the National Association of Home Builders/Wells Fargo Housing Market Index. Anything below 50 is considered negative… That is the ninth straight month of declines and the lowest level since May… Continue Reading…

Economy

“U.S. Consumer Sentiment Falls to Fresh Decade Low on Inflation”

“…The University of Michigan’s sentiment index dropped to 61.7, the lowest since October 2011, from 67.2 in January, data released Friday showed. The figure trailed the median estimate of 67 in a Bloomberg survey of economists. The report’s gauge of… Continue Reading…