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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…
Two-Family Home Sells For $100K Over Asking In North Jersey (Photos)
A two-family home in North Jersey sold for nearly $100,000 over asking.
The home at 10 Union Ave., in Clifton was listed at $649,900, but the new owners closed on $750,000 this week, listing agent Juan Gamarra said.
"The Clifton market is always a hot market, specifically if it's a two-family home centrally located," Gamarra said. "This particular home had many qualities that made it very unique. The multiple car parking, the convertible garage as well as a finished basement gave the property a value of its own, and I think me and my team did a great job highlighting that to every pros…
Exquisite Bergen County Home Sells For $370K Over Asking Price (Photos)
A Bergen County home sold for $2.265 million — and $370,000 over asking price.
The more than 5,600-square-foot home at 157 Grant St. in Haworth boasts five bedrooms, five bathrooms, and multiple exquisite upgrades, listing agent Tony Nabhan of Keller Williams City Views says.
Highlights of the home include a radiant marble foyer with 20-foot ceilings, a stunning dining room, a sunken great room with a fireplace, a formal living room, and an office.
The modern chef's kitchen features Subzero and Viking appliances, a sprawling island, an entertaining bar, a sunny breakfast area with sl…