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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…
Most Expensive Homes Sold In Monmouth County In The Last 30 Days
A $6.6 million mansion tops the list of most expensive homes sold in Monmouth County in the last 30 days, according to Zillow.
According to Redfin, home prices were up 11.5% for September 2024 compared to last year, with a median selling price of $697,000. Monmouth County homes sell, on average, after 20 days on the market compared to 20 days last year, Redfin says.
The most expensive homes sold in the last 30 days in Monmouth County are:
1. 12 Oyster Bay Dr., Rumson, sold Oct. 18 for $6.6 million
2. 9 Atlantic Ave., Spring Lake, sold on Oct. 15 for $5.8 million
3. 8…
