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Consumer Confidence Falls To 2022 Lows Amid Tariff Worries, Affordability Crisis: Survey
Consumer confidence plunged in March, hitting its lowest level since 2022 as lingering inflation, a slowing job market, and economic uncertainty weigh on Americans.
The preliminary consumer sentiment index dropped to 57.9 in March, down 10.5 percent from February, a survey from the University of Michigan said on Friday, Mar. 14. It marks the lowest reading since November 2022 and 27.1 percent lower than March 2024.
The decline marks the third consecutive month of falling confidence, with all age groups, income levels, and political backgrounds reporting a more negative outlook.
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Red, Blue, And You: New Tool Lets Homebuyers Check Neighbors' Politics
Homebuyers are increasingly considering political leanings when choosing neighborhoods, according to a brand-new report.
Real estate agents note that clients prioritize communities aligning with their political views, seeking compatibility beyond traditional factors like schools and safety, the Axios story says.
This trend may lead to more politically homogeneous neighborhoods, potentially impacting local governance and community interactions.
Additionally, new real estate platforms, such as Oyssey, provide insights into neighborhood political affiliations, further enabling buyers to…
Westchester, Long Island Now 'Overvalued Housing Markets' Following Pandemic Boom, Report Says
Homes in some parts of downstate New York are being considered “overvalued” amid the current housing bubble, according to a new Fortune Magazine report.
Fortune studied home price growth, which is wildly outpacing income growth across the country, with different areas across the US considered “overvalued," “undervalued,” or "normal."
Specifically, in downstate New York, both Suffolk and Nassau counties, as well as Westchester have been listed as being "overvalued," the report states. Other counties upstate also earned the distinction, while markets in the rest of the state have remain…
New York Times Describes Mount Kisco As Affordable, Walkable, Multicultural
Unlike some nearby communities, Mount Kisco is ethnically diverse, having attracted immigrants from Italy, Ireland and, more recently, Latin America.
The bustling northern Westchester County village was profiled this week in The New York Times.
In the article titled, "Affordable, Walkable and Multicultural," the Times wrote: "Good schools, check. Train station no more than an hour’s commute from Manhattan, check. Proximity to parks and forests, check."
According to the Times, Mount Kisco’s housing stock serves a spectrum of income levels and stages of life.
Nearly h…
