Wrapping up with Moving to Work, Family Self Sufficiency, and the Rental Assistance Demonstration. getty Finally, I’m going to conclude the series – a look at federal housing programs reviewed 9 years...
Tag: Housing
State Lawmakers Take On Local Regulations That Inflate Housing Costs
Lawmakers in a number of states are debating proposals that would override local regulations in … [+] order to permit the construction of new housing. getty Governors and legislators across the ...
Mortgage rates tumble in the wake of bank failures
A residential neighborhood in Austin, Texas, on Sunday, May 22, 2022. Jordan Vonderhaar | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage dropped to 6.57% Monday, accor...
‘Big Short’ Michael Burry warns 2023 market is mirroring dot-com and housing crashes
Legendary investor Michael Burry, a hedge fund manager commonly known as “The Big Short,” has built a reputation for making predictions about the financial markets. In a now-deleted March 12 tweet, th...
21 housing market statistics as the world fears a crash
This past year or so, for the first time in a long time, has people talking about the housing market going backwards. I published a piece last November about why I believe that, while this is a justi...
Would The Housing Trust Fund Be Better Spent On Direct Assistance?
Does Housing Trust Fund spending add up for families in need? getty Next up in our review of federal housing programs: the Housing Trust Fund (HTF) and the HOME Investment Partnerships Program (HOME)....
Mortgage demand recovers slightly, despite rising rates
A “For Sale” sign outside of a home in Atlanta, Georgia, on Friday, Feb. 17, 2023. Dustin Chambers | Bloomberg | Getty Images After dropping to a 28-year low the previous week, mortgage de...
Federal Housing Programs For The Elderly And Disabled
The review continues with programs for the elderly and disabled. getty Next, in our look at federal housing programs reviewed in former Congressman Paul Ryan’s critique of the War On Poverty, we’ll co...
Private Activity Bonds And 4% Low Income Housing Tax Credits
Private Activity Bonds combined with 4% tax credits are a complicated mix. getty Federal housing programs generally fall into one of two categories, those that provide a f direct subsidy to people to ...
The housing market may have bottomed out, but how long will it ‘bounce along the bottom’? Buyers wait in limbo as mortgage rates boomerang back toward 7%
The housing market may have bottomed out, but how long will it ‘bounce along the bottom’? Buyers wait in limbo as mortgage rates boomerang back toward 7% For the fourth week in a row, U.S....
7 economists and real estate pros on what to expect in the housing market this spring
Heading into March and the official start of spring, experts think it’s likely that prices will stabilize. Joe Raedle/Getty Images 2022 saw higher home prices and higher mortgage rates that sidelined ...
The U.S. housing market just took another hit
Back in early February, Minneapolis Fed President Neel Kashkari went on CNBC to make it clear that loosening financial conditions, including mortgage rates which had slipped at the time to 6.09%, coul...
Could The Housing Market Collapse Again? Recovery Talk ‘Premature’ After Mortgage Rates Surge Past 7%
Topline As fears of inflation push mortgage rates back toward multi-decade highs, economists are warning the resurgence in borrowing costs will deal another blow to the precarious housing market, driv...
Humana And UnitedHealth Want To Invest More Deeply In Housing
Sometimes the best “merger-like” news doesn’t make the headlines. If a senior executive of a large healthcare company said they wanted to work “with” a competitor instead of against it, the market mig...
Mortgage demand falls as interest rates rise
A potential buyer with her realtor view a home listed for sale during an open house in Parkland, Florida. Carline Jean | Tribune News Service | Getty Images Mortgage rates moved higher again last week...
Black real estate developers get access to big capital
Black Americans represent less than 5% of residential real estate developers, largely because they can’t get equal access to capital, according to a recent report by the Urban Land Institute. In...
Home price gains weakened sharply to end 2022: S&P Case-Shiller
A “For Sale” sign in front of a home in Roseville, California, on Dec. 6, 2022. David Paul Morris | Bloomberg | Getty Images Higher mortgage rates weighed on home price gains at the end of...
January pending home sales show rush of contracts
Saul Loeb | AFP | Getty Images A sharp drop in mortgage interest rates brought homebuyers out in force in January, but rates have bounced back higher again, so the gains may be short-lived. Signed con...
What housing market crash? US national home prices up 1% in January
Low interest rates, coupled with a growing housing shortage, have led to rising home prices in early 2023, according to Lawrence Yun of the National Association of Realtors. Yun spoke to CNBC on Monda...
‘We love our forest life’: I’m 62 and work full-time. I own a $600,000 California home perched on the edge of wilderness. Has the time finally come to downsize?
Dear MarketWatch, I’m 62, and working full time making $60,000 a year. I have $31,000 in liquid assets and another $10,000 in a Roth IRA. I owe about $200,000 on my home in Northern California, which ...
Fed Hikes May Put More Pressure On U.S. House Prices
Residential homes in Teaneck, New Jersey, US, on Thursday, Nov. 24, 2022. Real estate agents … [+] struggle to find listings as deals decline, mortgage rates remain high and signs point to leane...
Housing Market Downturn Wipes $2.3 Trillion In Value As Experts Predict Prices Could Still Tumble Another 10%
Topline U.S. homeowners have lost a staggering $2.3 trillion in market value since June as higher interest rates drive down demand in the formerly red-hot housing market, and many economists predict t...
These are the housing markets where values have fallen the most: Zillow report
The mortgage rate meltdown from the end of 2022 is showing up in home prices. The typical home in America saw its value fall by 0.1% in December, compared to the previous month, according to a new rep...
Housing market once again braces for higher mortgage rates—where 8 experts see rates going this year
Builders and real estate agents alike are celebrating signs of life in the U.S. housing market. That’ll happen when a mild home price correction coupled with mortgage rates falling from 7.37% in...
The housing market downturn isn’t over
Right out of the gate in 2023, the slumped U.S. housing market experienced an uptick in activity. Open houses got more foot traffic. Buyers started making serious offers. And, if priced right, homes i...
The housing market has cooled so much that even deep-pocketed investors are backing off
Imagine being outbid for a single family home by a corporation. That was all too real for the last few years as investor real estate purchases surged, fueling the Pandemic Housing Boom and and pricing...
Housing Market Slows Again As Hot Inflation Drives Up Mortgage Rates—Here’s What That Means For Buyers
Topline Prospective home buyers are once again starting to shy away from buying a house as stubbornly high inflation readings push mortgage rates to the highest level since November—spurring a renewed...
Homebuilder sentiment in February sees biggest gain in decade
America’s homebuilders are growing more bullish as buyer demand picks up, driven in part by slightly lower mortgage rates. Homebuilder confidence in the market for newly built single-family home...
Housing Market Downturn Pushes Record Number Of Investors Away—Here’s Why That’s Good News For Home Buyers
Topline The number of homes scooped up by investors fell at a record pace last quarter amid higher mortgage rates and forecasts calling for substantial declines in home prices—further clouding the out...
Mortgage demand drops as interest rates bounce higher
A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. Joe Raedle | Getty Images After falling for five straight weeks, mortgage rates jumped last week, triggering ...
I will leave my daughter my house, but she doesn’t want to take over my $250,000 mortgage. Should she rent the house, or just sell it?
Dear MarketWatch, My daughter has a similar issue that this lady is facing, whose mother left her the family home. I will be leaving my daughter my house in my will. But she has a physical disability ...