Residential housing demand ‘cratered’ as mortgage rates spiked, analyst says

Raymond James analyst Buck Horne lowered ratings on all of the home-builder stocks he covers, as he believes the recent “relentless” climb in mortgage rates has ensured a housing recession. “Interest ...

Concerns Over Blackstone’s Big Retail Real Estate Fund Weigh on Its Stock

Investor concerns about Blackstone’s big retail real estate fund have weighed on its stock in recent months and comments by management this week didn’t appear to help. Although Blackstone (ticker: BX)...

Tyler Perry, Jake Gyllenhaal And Heidi Klum; The Role Of Celebrity Endorsements In Real Estate

ATLANTA, GEORGIA – OCTOBER 05: (EDITORS NOTE: Image was shot in black and white.) Tyler Perry … [+] attends his studio grand opening gala at Tyler Perry Studios on October 05, 2019 in Atla...

Why the housing market should brace for double-digit mortgage rates in 2023

Even if Federal Reserve Chairman Jerome Powell and his cohorts stopped hiking policy rates soon, the 30-year fixed mortgage rate still would climb to 10%, according to Christopher Whalen, chairman of ...

‘Mass layoffs’ of Meta bus drivers lead to pleas for Facebook to bring workers back to the office

Protesters on Thursday urged Meta Platforms Inc. to call its Silicon Valley-based engineers and other employees back to the office, after Facebook’s parent company continued to dismiss service workers...

These States Have the Highest Property Tax Rates

The surge in home prices over the past two years means higher property tax bills for homeowners. HomeAdvisor, an online marketplace for home services, created a list with each state’s property tax rat...

Caesars, developer SL Green join forces

Video slot machines at Caesars Palace in Las Vegas, Nevada. George Rose | Getty Images Developer SL Green Realty is working with casino operator Caesars Entertainment on a bid to bring a casino to New...

Existing home sales fall to a 10-year low in September

Real estate broker Rebecca Van Camp places a “Sold” placard on her sign in front of a home in Meridian, Idaho, on Wednesday, Oct. 21, 2020. Darin Oswald | Tribune News Service | Getty Imag...

IRS bumps estate-tax exclusion to $12.92 million for 2023

Bernd Vogel | Getty Images Ultra-wealthy Americans can soon protect more assets from federal estate taxes, the IRS announced this week.  Starting in 2023, individuals can transfer up to $12.92 million...

Multigenerational Hispanic households feel rising economic pressure

Juan Espinoza, far left, with his family. A combination of rising interest rates, high home values and limited inventory has been squeezing prospective homebuyers — and perhaps few know that as well a...

Homebuilder sentiment drops to half of what it was six months ago

A worker stands on the roof of a home under construction at a new housing development in San Rafael, California. Getty Images Homebuilder sentiment in the single-family home market has fallen to half ...

Cano Health Stock Plumments on Report CVS Is Abandoning Purchase

Cano Health shares had their largest drop on record Monday following a report that CVS Health has walked away from a potential acquisition of the primary care provider. Dealreporter was the first to r...

SPAC Sponsors Were Winners Even on Losers

Since AEye went public by merging with a special-purpose acquisition company in August 2021, shareholders have had a rough go. The laser-technology company’s stock is down over 90% in the midst of mis...

Tesla, Goldman Sachs, Netflix, AT&T, and Other Stocks for Investors to Watch This Week

We’ve detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser. We’ve detected you are on Internet Explorer. For the best Barrons.com e...

Why It’s Time to Buy This Uranium Miner’s Stock

Heading into this past week, uranium miner Cameco was that rare stock in the market: It had posted a double-digit gain in 2022. One deal made those gains disappear—and created a buying opportunity. At...

‘We’re seeing buyers backing out’: This dramatic chart reveals U-turn in the housing market as sellers slash home prices

Here’s a chart that speaks a thousand words about the state of the real-estate market right now. The chart above, part of a new report by real-estate brokerage Redfin RDFN, -7.03% on the property mark...

China Evergrande’s Debt-Crisis Fallout: Losses, Layoffs and More Defaults

Listen to article (2 minutes) When China Evergrande Group began struggling under a mountain of debt last year, it quietly set off a chain reaction across the country.  Chinese authorities prevented a ...

Kroger’s $24.6 Billion Purchase of Albertsons to Create a Grocery Giant

Grocery giant Kroger said it was acquiring rival Albertsons in a roughly $24.6 billion tie-up that will help drive profitability and establish a larger footprint of nearly 5,000 stores. Kroger (ticker...

Ray Dalio expects ‘negative or poor real returns’ in markets for next five years

When MarketWatch first started publishing financial news and data 25 years ago, Bridgewater Associates was a little-known hedge fund firm that was overshadowed by other macro investing trading operati...

Uranium Miner Cameco Agrees to Buy Stake in Nuclear Services Firm, Stock Drops

Cameco stock was tumbling after agreeing, along with Brookfield Renewable Partners to acquire Westinghouse Electric. The companies will be forming a strategic partnership to acquire Westinghouse, the ...

Young, wealthy investors are turning to alternative investments

More advisors are using alternative investments Alternative investments typically fall into four categories: hedge funds, private equity, “real assets” such as real estate or commodities a...

Mortgage Rates Are Soaring. What Financial Pros Say Clients Should Do.

The low-rate mortgage boat has sailed. According to Freddie Mac, the average interest rate on a 30-year fixed-rate home loan is now 6.7%, more than double the 3.01% rate from this time last year. That...

Demand for riskier home loans is high as interest rates soar

Mortgage demand dropped again last week as rates climbed higher, but one type of loan is attracting borrowers. Adjustable-rate mortgages, or ARMs, which offer lower rates, are seeing renewed demand af...

Cameco Stock Tumbles on Agreement to Buy Stake in Westinghouse Electric

Cameco was falling nearly 10% after agreeing along with Brookfield Renewable Partners to acquire Westinghouse Electric. The companies will be forming a strategic partnership to acquire Westinghouse, t...

Mortgage rate is over 7% and it’s getting harder to qualify for loan

JB Reed | Bloomberg | Getty Images It’s a double whammy for would-be homebuyers. Not only are interest rates soaring, it’s getting harder to qualify for a loan. The average rate on the pop...

Opinion: Florida’s insurance rates have almost doubled over five years, yet insurance companies are still losing money — and the reason is more insidious than hurricanes

Hurricane risk might seem like the obvious problem, but there is a more insidious driver in this financial train wreck. Finance professor Shahid Hamid, who directs the Laboratory for Insurance at Flor...

Here’s how uber-rich pass wealth tax-free to heirs when markets are down

Brand New Images | Stone | Getty Images A lousy stock market is often no reason for investors to cheer. But for the uber-rich, it may offer a route to lower estate taxes down the road. That’s be...

Famed Value Investor Buys Stock in Citigroup, PulteGroup, and Oshkosh

Value investor Edgar Wachenheim III’s Greenhaven Associates recently made major changes in its investments. Greenhaven increased its stakes in Citigroup (ticker: C) and home builder PulteGroup (PHM), ...

Brace for Mortgage Rates to Climb Higher After the Jobs Report

Text size A housing development in Pearland, Texas. Brandon Bell/Getty Images The rising cost of buying a home has cooled the market this year. In a roundabout way, Friday’s jobs report will add to ho...

Americans are souring on the housing market and California is now giving residents up to $1,050 of ‘inflation relief’ — here’s who is eligible

Hi, MarketWatchers. Don’t miss these top stories. September jobs report highlights major shift in white-collar work — as Labor Department plans changes to jobs questionnaire ‘The old question was beco...

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...