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Yahoo Finance Live’s Brad Smith breaks down how stocks are moving following the opening bell on Monday.
Yahoo Finance Live’s Brad Smith breaks down how stocks are moving shortly after the opening bell on Thursday.
Concerns about recent bank failures have led investors to watch the commercial real estate market. Small banks hold a relatively large share of commercial loans, and consecutive rate hikes by the Fed make it unlikely that those businesses will refinance given the high rate environment. Meanwhile, flexible work arrangements are also lending to declining occupancy rates among many businesses. In an interview with Yahoo Finance's Rachelle Akuffo, Marcus & Millichap CEO Hessam Nadji said, "The hybrid work environment and the reduced footprint in office buildings is a major concern." Nadji says we're currently seeing the worst of the office decline, noting that, "in the next two to five years, you're going to see much more return to the office. It won't be pre-pandemic levels. I think there is a structural and permanent reduction of office space needs." Watch our full conversation with Hessam Nadji here. Key video moments: 00:00:05 The hybrid work environment 00:00:12 Return to the office outlook
The commercial real estate sector has been under a microscope following the collapse of Silicon Valley Bank. A new report from Moody’s explains why banking turmoil mixed with rising interest rates could lead to vulnerability. Moody’s Analytics Head of CRE Economic Analysis Kevin Fagan told Yahoo Finance Live that despite concerns surrounding office buildings, he’s focused on another space. “It’s malls that really have experienced the most pain. They’re going through a real reinvention, akin to what some offices are going to have to go through,” he says. Despite a difficult post-pandemic stretch, Fagan says that hotels are "one of the only positive stories right now.” “They’ve really ridden the wave of revenge travel,” he adds, but warns that a bumpy ride could still be ahead. “If the economy turns down, don’t be surprised if hotel does as well,” he explains. You can watch Rachelle Akuffo's full interview with Kevin Fagan here. Key Interview Moments: 00:00:14 - Malls have experienced the most pain 00:00:29 - Hotels only positive
Despite 2022 proving to be a difficult home-buying environment, demand still remains high as home prices fell for the seventh straight month in January. Century 21 CEO Michael Miedler told Yahoo Finance Live that there has been a shift in regionality as prospective buyers look for the best deals. "We've seen the south, especially states like Texas and like Florida really being drivers," he says. "Just this last month, it's really been the northeast who's been holding steady and increasing from an overall housing perspective," he continues. Miedler adds that the serious buyers are seeing "a little bit less competition" at current mortgage rates, but the biggest issue he forecasts is inventory. "We're under about three months of inventory when a normal market is about six months," he explains. You can watch Brad Smith and Jared Blikre's full interview with Michael Miedler here. Key Video Moments: 00:00:14 - States driving demand 00:00:35 - Inventory driving issue 00:00:51 - Less competition
Yahoo Finance Live’s Brad Smith breaks down how stocks are trading following the opening bell on Thursday.
Yahoo Finance Live’s Brad Smith breaks down how stocks are trading following the opening bell on Wednesday.
Realtor.com Chief Economist, Danielle Hale, breaks down why rent growth has moved back to a more normal pace, and weighs in on renting vs. buying. You can watch the full interview here. Key moments 00:13: On rent growth 00:26: Tradeoff of renting vs. buying 00:38: The 'better decision' in renting vs. buying
Yahoo Finance's Jared Blikre breaks down how stocks are moving on Tuesday afternoon.
Yahoo Finance Live’s Brad Smith breaks down how stocks are moving after the opening bell.
What to know in markets on Thursday, January 19, 2023.
Yahoo Finance reporter Rebecca Chen details the slowdown in rent growth and what it says about the state of the rental market.
William Raveis Mortgage Regional Vice President Melissa Cohn speaks with Yahoo Finance Live about the current state of mortgage rates and why homebuyers shouldn't expect lower rates any time soon.
Redfin Deputy Chief Economist Taylor Marr joins Yahoo Finance Live to break down a new report that found home sellers are increasingly making concessions to buyers amid the cooling housing market.
Real estate is slumping. Is it time for investors to buy in?
According to the Mortgage Bankers Association (MBA), mortgage applications have declined for the second straight week.
Markets reporter Jared Blikre checks out the market and sector gains consolidated ahead of the closing bell, in addition to looking at cannabis, meme, and banking stocks.
Home price growth cooled at a record pace in August, with prices up 13% year over year, according to the latest Case-Shiller index.
Yahoo Finance Live’s David Briggs discusses the rise in mortgage rates.
Yahoo Finance Live anchor Dave Briggs details how rising mortgage rates are affecting homebuyers and the overall housing market.
Yahoo Finance’s Ines Ferre joins the Live show to break down how stocks are moving in early trading.
Workspace Property Trust Co-Founder, Chairman, and CEO Thomas Rizk joins Yahoo Finance Live to explain why his real estate firm is bullish on suburban office properties as a result of COVID and the overall state of the housing market.
Piper Sandler Chief Investment Strategist Michael Kantrowitz joins Yahoo Finance Live to discuss the state of the housing market amid the latest Fed rate hikes and also weighs in on why bitcoin won't bottom just yet.
Yahoo Finance's Ines Ferre joins the Live show to break down how stocks are moving in early trading.
Yahoo Finance Live anchors Dave Briggs and Seana Smith look at the state of the housing market as 16% of home purchases in July fell through and confidence falls.