News & Media Archives - Page 22 of 25 - Carpathian Capital Management

The Federal Reserve hasn’t Raised Rates this Rapidly since the Early 1980’s

The Federal Reserve is seeking to decelerate our rapidly growing economy, and one of their strategies involves raising the Federal Funds Rate (FFR). As demonstrated in the graphic, the rate at which the Fed has been increasing rates is unparalleled since the early...

Mortgage Rates Drop as The United States Faces one of the Largest Financial Panics Since 2008

Following the failure and closure of Silicon Valley Bank (SVB) and Signature Bank, indications of a slowing economy begin to arise. When deposits began flowing out of these institutions, it forced the institutions to sell off their loan portfolios at a nearly $1.8...

Single Family Build For Rent Starts Grow Rapidly in the Past Two Years

In the past two years Single-Family Built-for-Rent (BFR) starts have exploded. They have nearly doubled their market share in just two years. BFR communities typically see higher price points than apartments as they deliver a more luxurious product and living...

As Mortgage Rates near 7%, Home Affordability Declines in January

With the average 30-year mortgage rate creeping back towards 7%, home affordability declines. According to the Mortgage Bankers Association’s most recent report, the median purchase application amount was $312,000, and the average payment was up 2.3% in...

Minneapolis Ranks 7th Across United States in Rent to Income Ratio

According to US News, Minneapolis Metro Statistical Area (MSA) ranks 7th place in undervalued homes for rent among US metros. Minneapolis averages a rent to income ratio of 26.1%, far below the national median of 36%. Detroit ranks 11th with a ratio of 27.8%. ...

Building Permits fall as the Upper Midwest is seeing Real Estate Market Slow Down

New private housing units authorized by building permits for single family structures in Minnesota has been on a steady decline since March of 2022. Building permits had stagnated from May of 2021 until a brief spike in November of 2021. The recent steady decline is...