Homebuyers are bracing for a recession: Study

More than a third of U.S. homebuyers believe a recession is coming next year, according to new data from realtor.com, with many also saying they’ll halt their housing search if or when a downturn finally arrives. Continue reading

Fed conference draws harsh reaction from Trump and China

After Federal Reserve Chair Jerome H. Powell’s long-awaited speech early Friday morning, which was calming to markets, President Trump and China unleashed their fury — one on Twitter, the other in the form of new tariffs on the U.S. Continue reading

Home prices have risen 32 consecutive quarters: FHFA

U.S. home prices climbed 5 percent year-over-year in the second quarter of 2019, according to data released Tuesday by the Federal Housing Finance Agency. Continue reading

Single-family, built-for-rental housing inches forward

Builders are capitalizing on the hot rental market by creating single-family, built-for-rental housing communities. The share of these units of the new-building market is relatively small, but it’s projected to grow. Continue reading

This is how you succeed at renting

More than a third of all American households currently rent out at least a part of their home or a second property — a number that’s growing fast. Continue reading

CEO group’s new emphasis on social responsibility prompts backlash from ex-Realogy CEO

Lashing out at Business Roundtable’s new mission statement, Richard Smith said Friday that corporations’ number one job is “to create shareholder value — period.” Continue reading

A recession is on the horizon: Keller Williams New York City CEO

Housing won’t be to blame and the recession won’t be anything like 2008 for the industry, according to Keller Williams New York City CEO Mark Chin. Continue reading

New-home sales dropped in July but rose year-over-year: Census

The median sales prices of all new homes sold in July hovered at $312,800, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading