Home builders slash prices and slow construction as buyers pull back, survey shows
Home builders are feeling jittery. That’s according to a June survey of home builder sentiment by John Burns Real Estate Consulting. Demand for new homes...
The U.S. housing market is teetering on recession. Will the economy soon follow?
The last time the housing market suffered a major meltdown in 2006, it took the entire U.S. economy with it. But history never follows the...
Even Deep-Pocketed Buyers Are Starting to Back Away From the U.S. Housing Market
Two years ago, Austin real-estate agent Amy Deane, of Moreland Properties, was working with so many wealthy out-of-state buyers that she showed one $15 million...
‘The pandemic boom in home sales is over’: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market
Mortgage rates are skyrocketing thanks to the Fed, but buyers who can tough out this difficult, changing market will be rewarded. The 30-year fixed-rate mortgage...
‘Buyers of a median-price home are looking at a monthly mortgage payment that is almost 50% higher than it was a year ago.’ The 30-year mortgage rate dips slightly to 5.1%
The interest rate on the country’s benchmark mortgage product edged downward for the first time since early March, but that doesn’t mean the housing market...
Decade-High Mortgage Rates Pose Threat to Spring Housing Market
U.S. housing sales are heating up again this spring, but the highest mortgage rates in more than a decade threaten to cool the sales pace...
South African court halts construction of Amazon HQ on sacred land By Reuters
[ad_1] © Reuters. FILE PHOTO: Contested land earmarked for a development which includes a new Africa headquarters for Amazon is seen alongside the Black River...
Prepare for a recession this summer, a bear market in real estate and a drop in stock prices, warns strategist David Rosenberg
Inflation has turned out to be not-so-transitory, and the Federal Reserve has its knives out. Well, its hammer, anyway. Raising interest rates — the U.S....
U.S. Housing Wealth Skewed Even More Toward Affluent Over Past Decade
The past decade’s booming residential real-estate market has enriched almost every U.S. homeowner, but the gains have largely benefited the wealthiest, a new analysis shows....
That Vacation Home Listed on Airbnb Might Be Owned by Wall Street
Investment firms are buying up more vacation homes, aiming to cash in on growing demand from tourists and remote workers. Most vacation-rental homes are owned...