Page 9 - Thomas Ryan News Today

The U.S. Census Bureau reported this week that throughout Alabama and much of the United States, there was a pronounced growth in new home construction for the month of November. That growth is coming at a time of a nationwide housing shortage.

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"Home prices keep marching higher," NAR’s chief economist Lawrence Yun said, arguing that "only a dramatic rise in supply will dampen price appreciation."

Mortgage rates are edging down from their highest level in 23 years as inflation around the U.S. continues to cool.

US stocks slipped on Wednesday, as the record-setting rally took a breather after a string of gains over the past week.

Americans likely to see a gradual thawing of the housing market in 2024, said Freddie Mac's chief economist.

 

Economists broadly expect mortgage rates to fall, but a lack of inventory to stymie recovery in residential real-estate.

PORTLAND, Ore. (AP) — An ex-Alaska Airlines pilot accused of trying to cut the engines of a passenger flight while off-duty and riding in an extra seat<a class="excerpt-read-more" href="https://whdh.com/news/ex-alaska-airlines-pilot-who-tried-to-cut-planes-engines-is-released-from-jail-must-avoid-aircraft/">Read More</a>

An Oregon judge says an ex-Alaska Airlines pilot accused of trying to cut the engines of a passenger flight can be released from jail pending trial. Joseph Emerson pleaded not