| Getty Images Key takeaways On average, housing prices are dropping, nationally. Housing markets that are cooling the most are concentrated on the West Coast. Rising interest rates and economic uncer...
Tag: Housing
Am I Dreaming? Community Land Trust Model Could Be Part Of Housing Solution
Community land trusts might be part of a broad supply side housing policy shift. getty Broadly, housing policies must concentrate on allowing the production of housing for-profit to meet as much deman...
Bond markets facing historic losses grow anxious of Fed that ‘isn’t blinking yet’
The Federal Reserve has been showing no signs of letting up on aggressive rate hikes, even as its policies fuel carnage for the ages across the roughly $53 trillion U.S. bond market. As a result, borr...
Renters are most behind on payments in these 10 states
South Dakota has the highest percentage of renters behind on payments, at 26%, according to a new study. Pictured, Mount Rushmore National Monument. Photo by Mike Kline (notkalvin) Renters across the ...
US stock and housing markets need a 40% drop to normalize, data shows
Asset returns over the past 20 years were solid compared to the long-term trend, thanks to exceptional economic and business conditions. These returns were supported by lower inflation and interest ra...
Mortgage Rates Drop For First Time In 6 Weeks—But Housing Market Downturn Could Last Several Years, Wells Fargo Warns
Topline Despite mortgage rates falling for the first time since mid-August, experts are warning the higher borrowing costs that have tanked the housing market this year could stick around for at least...
Apartment demand fell during busiest renting season, RealPage report says
The third quarter of every year is historically the busiest for apartment rentals, but demand fell this year, according to RealPage. It’s the first time the rental technology platform has record...
These 210 bubbly housing markets could crash 25% to 30%
You don’t need a Ph.D. in economics from the University of Chicago to understand that 7% mortgage rates are a threat to the U.S. housing market. We’re already seeing it. On Tuesday, we lea...
Mortgage applications fall 14% as higher rates, Hurricane Ian crush demand
A sign points toward an Open House in Alhambra, California on May 4, 2022. Frederic J. Brown | AFP | Getty Images The highest mortgage rates in more than 20 years coincided with one of the deadliest h...
PVC Piping Prices Are Dropping as Housing Market Weakens
Text size PVC piping is made from ethylene, a petroleum product that Occidental Petroleum produces. Dreamstime.com As rising interest rates interest rates pummel the housing market, the ripple effects...
What’s happening with home prices? Mortgage rates, tight supply are factors
Daniel Acker | Bloomberg | Getty Images Home prices are softening in most markets across the nation. Yet home prices are still higher compared with a year ago, and it’s unlikely they will fall t...
Mortgage mayhem sparks fears of a housing market crash in Britain
U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng’s mini-budget on Sept. 23, prompting banks to pull mortgage products threatening a deepen an expected housing market do...
What will happen with inflation, interest rates and housing? Here’s what to expect in the next two years, and what could go wrong.
This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor...
3 charts showing that we’re not repeating the housing bubble
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, September 27, 2022 Mortgage rates have su...
Mortgage refinancing drops to a 22-year low
Mortgage rates drove even higher last week after the Federal Reserve signaled it would continue its aggressive action to cool inflation. That, and rising uncertainty in the overall housing market, cau...
Housing Market Volatility Flashes ‘Early Signs’ Of Recession As New Home Sales Unexpectedly Surge
Topline New home sales unexpectedly surged much more than economists projected in August even though same-day data showed prices collapsing due to a dearth in demand—fueling volatility that some exper...
Home prices cooled at the fastest rate in index history
A ‘for sale’ sign is displayed outside a single family home on September 22, 2022 in Los Angeles, California. Allison Dinner | Getty Images U.S. home prices cooled in July at the fastest r...
British Currency Mess Set To Upend U.K.’s Housing Market
STOKE-ON-TRENT – JUNE 16: Various property signs are seen outside a block of terraced houses … [+] advertising homes for sale, let or sold on June 16, 2020 in Stoke-on-Trent. The British g...
The U.S. housing market stares down an even bigger economic shock—mortgage rates near 7%
Unbeknownst to buyers lining the sidewalks outside of frenzied open houses this spring, the Pandemic Housing Boom was already in its final inning. In March, Fortune published a pair of articles titled...
How banks are housing digital assets
Until 2020, most of the crypto market action was largely driven by retail enthusiasm. It was only around August 2020 that institutions started to participate meaningfully in this asset class. As the U...
Powell: The housing market must correct itself
While during the pandemic the housing market had declined, once it ended it also exploded due to inflation; related to this, the Fed Chairman believes the market needs to change so that it will be eas...
John Paulson on Frothy US Housing Market: This Time Is Different
(Bloomberg) — John Paulson became a billionaire after his hedge fund effectively shorted more than $25 billion of mortgage securities at the dawn of the global financial crisis. Most Read from B...
Fed Chair Jerome Powell Says a ‘Difficult Correction’ Should Balance US Housing Market – Economics Bitcoin News
Following the Covid-19 pandemic, real estate investors did extremely well, despite the millions of Americans that were put out of work and faced evictions during the lockdowns in 2020. Stimulus put a ...
Jerome Powell just warned that the US housing market needs a ‘difficult correction’ so that folks can afford homes again — but here’s why it’ll look nothing like 2008
Jerome Powell just warned that the US housing market needs a ‘difficult correction’ so that folks can afford homes again — but here’s why it’ll look nothing like 2008 Real est...
Germany’s housing boom is coming to an end, data hints
Rising interest rates, high inflation, an energy crisis, and a lot of global uncertainty are usually not ingredients for a booming market. The German real estate market seems to be finally catching up...
Americans are souring on the housing market. Home buyer sentiment hits lowest level since 2011 — and mortgage rates reach 7%.
There’s no respite for home buyers these days. From rising rates, high home prices, and an uncertain economic outlook, shoppers are finding it hard to jump into purchasing a home. Fannie Mae noted th...