Rents are rising fastest in these 10 US cities, data shows
New York City ranked among the 10 metro areas with the sharpest spike in rent costs in September, according to national rental market data published this week. Of the 50 … Read More
Tag: Housing
Berliners voted for a radical solution to soaring rents. A year on, they are still waiting
A year ago today, Berliners voted in a historic referendum that proposed one of Europe’s most radical solutions to soaring rents. Asked whether they backed seizing property from so-called mega landlords, voters … Read More
Why Americans shouldn’t panic as Fed hikes interest rates: finance experts
Americans should stay calm, bolster their personal savings and maintain an eye on their long-term financial plan as the Federal Reserve sharply hikes interest rates, personal finance experts told The … Read More
Dozens of Airbnb rentals available on Martha’s Vineyard to house migrants amid ‘housing crisis’
Dozens of rental properties were available this weekend to house migrants sent to Martha’s Vineyard, online listings show, despite claims from locals of a “housing crisis” on the exclusive island. … Read More
US housing market decline to worsen in 2023: Goldman Sachs
The US housing market has been slowing down in the past few months as interest rates continue to climb. But Goldman Sachs has warned prospective home sellers that the housing … Read More
I knew I was getting laid off — so I wore pink wig, drank wine
He turned his layoff into a slay-off. Isaac Moran, a recruiter and an actor, slipped on a bubble gum-pink wig and poured himself a nearly full glass of Pinot Grigio … Read More
US home values fell for first time in decade in July: Zillow
US home values declined for the first time in a decade last month as a mounting number of experts warn about a housing recession. Home valuations fell 0.1% in July … Read More
Home prices plunging in ‘pandemic boomtowns’ as market slumps
Homeowners in markets that boomed when the real estate sector was red-hot during the COVID-19 pandemic are now forced to slash prices due to dwindling demand, according to data released … Read More
Falling US home prices ‘still nowhere near the bottom:’ economist
A downturn in US home sales and prices is likely just beginning, a prominent economist warned on Thursday. Ian Shepherdson, the chief economist at Pantheon Macroeconomics, said in a note … Read More
More than half of Americans don’t know understand mortgages
Do you know what a mortage is, really? More than half of Americans — including some homeowners — don’t know the true definition of the common real estate loan, according … Read More
