“Job gains in September, following the data blackout, are reassuring and suggest the economy is not slipping into a recession,” said Lawrence Yun, chief economist at the National Association of Realtors. “This may boost confidence in future homebuying.”
$YLDS availability on the Solana blockchain will allow investors in home loans to access credit in smaller, more fungible pieces, instead of waiting for securitizations or buying whole-loan pools.
Figures from the Census Bureau tracking sales of new homes haven’t been available since data for August due to the recent partial shutdown of the federal government.
Thom Malone, principal economist at Cotality, said in a report that investors are waiting until a home has been sitting on the market so they can negotiate a lower price.