National Association of Home Builders CEO Jerry Howard joins Yahoo Finance Live to discuss the housing market amid Fed interest rate hikes and inflation, labor shortages impacting homebuilders, and calls for immigration and domestic policy reform to alleviate labor pressures. Construction labor shortages ’have been around from before the Great Recession,” NAHB CEO says If you own a home or have been interested in buying one, you are aware of the sizeable U.S. residential real estate downturn. Sales numbers are dropping to their lowest rates since 2020, but interest rates continue to rise to around 6.5%. This scenario doesn’t mean investors should look to another option viewed as less volatile. Take real estate investment trusts (REITs), for example. REITs are not just a platform for investing in residential real estate, offering properties such as retail spaces, large malls, hotels, apartment buildings, office space and hospitals. And though home prices continue to be high, other real estate categories are not as overvalued, potentially shielding investors from the risk of steep price declines. Investors have not given up on the residential market, using financing options to take advantage of low housing inventory and turning properties into rentals. This strategy contributes to […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
