In the summer of 2005, David Schechtman — then a bankruptcy lawyer at DLA Piper in New York — was in a small room in Hope Hull, Alabama, doing due diligence for a bankruptcy at 11 p.m. when he saw something that would change his career. He came across the […]
Author: Macarena Carrizosa
Factors to consider in the Case-Shiller Home Price Index for February
The S&P CoreLogic Case-Shiller home price indexes for February to be released tomorrow will show where the housing market was standing before cities locked down to contain the COVID-19 outbreak. Here are five factors to keep in mind once the report is released: 1. National Home Prices will continue to […]
Construction Workers Face Uncertainties As The Industry Struggles to Remain Active During The COVID-19 Pandemic
Rolo, a 31-year-old construction worker, found out it was his last day at work on Friday, March 27th. New York State had mandated that most construction sites shut down. He wrapped up the day at the construction site of a 50-floor building in Court Square and took the train home. […]
Home Prices Rise Again in January Shielding the Housing Market Before the COVID-19 Economic Blow
Home prices rose nationally in January, indicating the strength of the housing market before the COVID-19 outbreak. National home prices rose 3.9% year-over-year in January, up from 3.7% the previous month, according to the S&P CoreLogic Case-Shiller index released on Tuesday. The 20-City Composite posted a 3.1% annual gain up […]
Home prices rise 3.8% in December, closing the year on a path of growth.
Historically low mortgage rates spurred single-family home prices at the end of 2019, with the biggest gains in cities like Phoenix, Charlotte, and Tampa. The S&P CoreLogic Case-Shiller National Home Price Index released Tuesday reported a 3.8% annual gain in December, up from 3.5% in November, ending the year with […]