by LCD Staff | Jun 6, 2022 | Economy, In the News, News & Analysis
(Source: CNBC) – Federal Reserve Chair Jerome Powell emphasized his resolve to get inflation down, saying he will back interest rate increases until prices start falling back toward a healthy level. “If that involves moving past broadly understood levels of neutral we...
by LCD Staff | May 23, 2022 | Home Loans, Housing, Lewis & Clark Development Group, News & Analysis, News of Interest, North Dakota
(Source: The Center Square) – Potential homebuyers in North Dakota are having a difficult time finding affordable housing as home prices continue to soar and houses are on the market for increasingly shorter time periods. Shawn Ostlie, president of the North Dakota...
by LCD Staff | Apr 25, 2022 | In the News, Lewis & Clark Development Group, News & Analysis, News of Interest
(Credit: CNBC) – Many rural Americans may have stronger finances than urban dwellers, but their wealth may lack diversification, jeopardizing a more secure retirement. That’s according to a report from the Employee Benefit Research Institute analyzing data...
by LCD Staff | Feb 8, 2022 | Economy, Lewis & Clark Development Group, News & Analysis, News of Interest, North Dakota
(Source: Bismarck Tribune) — North Dakota’s economy is showing signs of recovery and growth, according to a quarterly outlook from North Dakota State University. The most recent modeling predicts growth for wages and salaries, as well as a growing labor...
by LCD Staff | Jan 14, 2022 | Housing, Lewis & Clark Development Group, News & Analysis
Millennials now account for over half of all home-purchase loan applications; economists expect them to bolster national demand for years. (Source: Wall Street Journal) — For years, conventional wisdom held that millennials, born from 1981 to 1996, would become...
by LCD Staff | Dec 20, 2021 | In the News, News & Analysis, News of Interest
(Source: IHS Markit) – The COVID-driven national homebuying surge has waned. The following four trends, all currently on the horizon, have the potential to upend the housing market over the next few years. Fewer customers for single family homes Contrary to...
