NEW YORK, NY – FEBRUARY 2: (Photo by Drew Angerer/Getty Images) Getty Images Historically, September has seen the worst monthly stock market returns in recent history. That together, with the fa...
Tag: Housing
What Stocks Are Directly Impacted By A Housing Market Recession?
Sectors directly affected by housing market recession. Getty Images It’s no secret that the housing market has been on the rise for a few years. But now the market has shifted, with interest rat...
Mortgage demand falls even further, as rates shoot back up to July highs
A real estate consultant shows a condo to a prospective buyer in Miami, Florida. Joe Raedle | Getty Images After falling back earlier this month, mortgage rates began rising sharply again to the highe...
Home prices weaken but are still much higher than a year ago: S&P Case Shiller
A “For Sale” sign outside a house in Albany, California, on Tuesday, May 31, 2022. David Paul Morris | Bloomberg | Getty Images Home prices in June were 18% higher than during the same mon...
The housing market is ‘imploding’
With the slowdown in the US housing market seen in 2022, investors may be wondering whether a market crash akin to the 2008 housing crash is upon us again. While the economy is shrinking, the housing...
Fannie Mae says fixed mortgage rates could fall to 4.5% next year
The Good Brigade | Digitalvision | Getty Images Mortgage rates are projected to decline next year — but that doesn’t mean prospective homebuyers should necessarily delay a purchase for the prosp...
‘It’s a remarkably uncertain time’: Redfin CEO warns of rapidly cooling housing market — says deals under contract are being cancelled
After a stellar two-year run, the housing market is sputtering as buyers pull back sharply. One real-estate chief said the market is indeed course-correcting, and it’s getting hard to make a deal as m...
How the U.S. government can keep household debt in check
On Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt for most borrowers making less than $125,000 annually. But student loans account for less than 10% of hou...
BofA downgrades three homebuilders as housing downturn accelerates
Analysts from Bank of America cutting their rating on shares of three homebuilders in a note out Thursday as the housing market faces an economic slowdown. Rafe Jadrosich at Bank of America Global Res...
The housing market ‘in much worse shape’ than Fed wants to admit: Economist
The U.S. housing market is under pressure. Data this week on new home sales and pending home sales reflected sharp drops from last year and showed the impact higher interest rates continue to have on ...
Pending home sales drop 1% in July
A sign is posted in front of a home for sale on July 14, 2022 in Corte Madera, California. Justin Sullivan | Getty Images Pending home sales, a measure of signed contracts on existing homes, slipped 1...
Cities Should Welcome Tiny Homes As An Alternative To Homelessness
Chasidy Decker stands in front of her mobile tiny home in Meridian, Idaho. Institute for Justice In American communities where housing values are rapidly out-pacing wage growth, even people with good,...
Is The Housing Market Collapse Over? Pending Home Sales Suggest An End May Be Near.
Topline Pending home sales—a leading indicator for housing market activity—fell less than expected last month in a potential sign that sales may soon stop collapsing as mortgage rates settle below rec...
Home prices fall for the first time in three years, biggest drop since 2011
An aerial view from a drone shows homes in a neighborhood on January 26, 2021 in Miramar, Florida. According to two separate indices existing home prices rose to the highest level in 6 years. Joe Raed...
UBS’s Yifan Hu affirms China’s housing market is ‘still a drag’
China’s recent real estate problems were very much reminiscent of the 2008 housing crisis in the US, and the issues in China could spill into other major sectors if they persist; as Finbold reported e...
Mortgage demand from first-time buyers makes a comeback
A real estate agent shows a home to a prospective buyer in Miami. Getty Images Mortgage demand continues to weaken, still right around a 22-year low, but there was a sign in the weekly numbers that fi...
Apartment rents are finally easing. Here’s how to play it
An Apartment For Rent sign seen in the Upper East Side of Manhattan. Adam Jeffery | CNBC Rent growth for apartments looks to have peaked after a tremendous run in 2021, and that could boost some of th...
Housing market ‘extremely volatile’ with private equity accounting for a third of the sales: Expert
Inflation and recession fears turned a once red hot housing market into a cool down. Fluctuating mortgage rates dropped below 5% and then up again, with the rate on the 30-year fixed mortgage at 5.22%...
What Are the Best States for Retirement in 2022?
So many factors go into the decision of not only when and where to retire. Some people are limited by the places where their savings will stretch the farthest while others want to be by the sea at any...
It Doesn’t Seem Imminent—But The Housing Market Collapse Deepens As Fed Officials Warn ‘Economy Will Slow’
Topline Cooling inflation has helped temper concerns of an imminent recession, particularly as the job market continues to show historic strength, but a worsening housing market collapse and vast unce...
Home Depot and Lowe’s cite strong demand, but softening could be ahead
A customer enters a Home Depot store on August 16, 2022 in San Rafael, California. Justin Sullivan | Getty Images Spending on home improvement doesn’t appear to have taken a big hit with the slo...
July existing-home sales fall for the sixth straight month, realtors see ‘housing recession’
The numbers: U.S. existing-home sales fell 5.9% to a seasonally adjusted annual rate of 4.81 million in July, the National Association of Realtors said Wednesday. This is the sixth straight monthly de...
Plunging Home Sales Push Prices Down From Record Highs—Here’s What Experts Predict As Housing Market Turmoil Continues
Topline Existing home sales fell for the sixth-straight month in July as rising affordability concerns sideline potential home buyers—and prices are finally starting to edge down from record highs ami...
The stock market isn’t bothered by a cratering housing market: Morning Brief
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, August 16, 2022 Today’s newsletter ...