Florida and California are most at risk of experiencing a housing downturn during a recession, according to Redfin. Both states saw exorbitant growth during the pandemic-fueled buying rush. Continue reading
“In the next half of the year, buyers are in a rare position to negotiate prices and deal terms,” a new Canadian luxury market report from Engel & Völkers stated. “Some homes will still command multiple offers, but they will be fewer in number.” Continue reading
A 2019 law seeks to prevent rent from climbing too much too fast, but prices are set to grow by 10 percent thanks in part to rampant inflation. Continue reading
Decline in purchase applications aligns with slower homebuilding activity due to reduced buyer traffic and ongoing building material shortages, according to the Mortgage Bankers Association. Continue reading
Q2 Consumer price growth exceeded 10 percent year-over-year in Phoenix, Atlanta, Miami and Tampa — each of which had among the nation’s strongest net inflow of interest in moving. Continue reading
The U.S. housing market and economy at large have endured a blizzard of rising home prices and climbing mortgage rates. But take shelter from the storm with these financially sound markets. Continue reading
Longer loans, including a 50-year concept recently floated in the U.K., are sometimes framed as a way to improve housing affordability. But the experts aren’t convinced. Continue reading
Housing costs were one of the biggest drivers of inflation in June, pushing higher at a pace unseen since 1990, according to a report Wednesday from the Bureau of Labor Statistics. Continue reading
Multiple new studies show rising costs of living are taking their toll on everyone’s physical and mental health. Continue reading
Harvard’s Joint Center for Housing Studies report, published Wednesday, dives into economic factors shaping current homebuying and renting landscapes. Continue reading