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Update from Andy Jassy (Amazon CEO) on return to office plans

he message below was shared with Amazon employees today (February 17, 2023). It’s hard to believe, but it’s been nearly three years since the pandemic began, and we recommended that all our employees who were able to work from home do so. We subsequently updated guidance a few times, with the last guidance (in the […]
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Falling mortgage rates bring some homebuyers back to market

Earlier in the pandemic, when many urbanites were leaving New York to work remotely in far-flung locations, Molly Parker Wade instead moved from the West Coast to New York to be closer to her family. After a year of renting, Wade, a 35-year-old public relations executive for Amazon, was ready to buy, just as the […]
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Real Estate Rebound: Demand for New Mortgages Jumps 28% in One Week

The U.S. housing market’s topsy-turvy ride shows no sign of letup in the new year, as mortgage applications rose sharply last week despite fears that home sales will keep sinking in 2023. Mortgage applications for the week ending Jan. 13, 2023, rose a whopping 27.9% from the prior week, according to data released Wednesday by the Mortgage Bankers Association […]
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Monday with Matthew: Why This Year’s Market Won’t Be Like 2008

Hello there, I’m Windermere’s Real Estate’s Chief Economist Matthew Gardner and welcome to the first episode of “Monday with Matthew” for 2023. As has become tradition, this first episode of the year will be dedicated to my real estate forecast for the U.S. housing market, so let’s get straight to it. 2023 Real Estate Forecast Existing Home […]
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