The US housing market remains in “free fall” after a survey showed a “disastrous” decline in homebuilder confidence, a prominent economist warned on Tuesday. Homebuilder confidence plunged for the 10th … Read More
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
Surging US mortgage rates could rise well above the critical 7% threshold in the wake of another alarming inflation report for September, according to a prominent economist. Federal data released … Read More
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
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
US home prices are on the cusp of a major correction due to “cratering” demand among cash-strapped buyers, a prominent economist warned in a note to clients on Tuesday. Ian … Read More
Despite the crush of inflation, rising mortgage rates to battle and the ongoing woes of rising rent, a new study shows that, hey, maybe there’s some reason for optimism? Some … Read More
