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Mortgage costs are so expensive some home sellers have no choice but to cut prices, and an ‘unseasonably high’ 22% are doing so, Zillow says
Finance
Mortgage costs are so expensive some home sellers have no choice but to cut prices, and an ‘unseasonably high’ 22% are doing so, Zillow says
By Alena BotrosDecember 12, 2023
Capital Economics predicts a continued drop in mortgage rates and an uptick in mortgage applications.
Finance
It’s ‘extremely likely’ we’ve seen mortgage rates peak, Capital Economics says, and mortgage demand is starting to recover
By Sydney LakeDecember 6, 2023
Home prices will fall for the first time since 2012, Redfin’s chief economist predicts. Here’s why they will still be ‘out of reach’ for many buyers
Finance
Home prices will fall for the first time since 2012, Redfin’s chief economist predicts. Here’s why they will still be ‘out of reach’ for many buyers
By Alena BotrosDecember 6, 2023
Renting is getting too expensive for Gen Z, making living alone a luxury saved for the middle-aged
Personal Finance
Renting is getting too expensive for Gen Z, making living alone a luxury saved for the middle-aged
By Chloe BergerDecember 6, 2023
Thursday November 23, 2023.
Success
‘You cannot taser the housing crisis’: Ireland shaken by rioting Gen Z Dubliners lashing out amid anti-immigrant disinformation
By Bloomberg and Jennifer DugganDecember 6, 2023
Despite its importance, homeownership is ever further out of reach, especially for older millennials (aged 35-45) who face a “bigger financial burden."
Finance
Millennials are the most housing-obsessed generation, BofA survey shows—it’s a sign the prosperity of the boomers has bypassed them
By Sydney LakeDecember 4, 2023
Father and young son looking out a window
Finance
Older millennials are ‘feeling the hit’ in this housing market, BofA finds—and a lot of it has to do with student debt
By Alena BotrosDecember 4, 2023
Why residential conversions can’t save commercial real estate
Commentary
Why residential conversions can’t save commercial real estate
By Chase GarbarinoDecember 4, 2023
Soaring mortgage rates hit U.S. cities: Here’s where buying a home is most expensive relative to renting
Magazine
Soaring mortgage rates hit U.S. cities: Here’s where buying a home is most expensive relative to renting
By Nicolas Rapp and Matthew HeimerDecember 3, 2023
Charlie Munger warned that a mega-mansion can make you ‘less happy’—and he lived in the same relatively modest house for seven decades
Success
Charlie Munger warned that a mega-mansion can make you ‘less happy’—and he lived in the same relatively modest house for seven decades
By Steve MollmanDecember 2, 2023
The U.S. can’t handle the ‘silver tsunami’ of millions of baby boomers needing housing in their retirement years, report warns
Success
The U.S. can’t handle the ‘silver tsunami’ of millions of baby boomers needing housing in their retirement years, report warns
By Anita Snow and The Associated PressDecember 2, 2023
Buying a typical home now takes up a record 40% of your income, but Zillow expects that to ease ‘just a bit’ in 2024
Finance
Buying a typical home now takes up a record 40% of your income, but Zillow expects that to ease ‘just a bit’ in 2024
By Alena BotrosDecember 1, 2023
Housing affordability is the worst it’s been in decades. It will improve in 2024, but by only a ‘small step,’ Realtor.com chief economist says
Finance
Housing affordability is the worst it’s been in decades. It will improve in 2024, but by only a ‘small step,’ Realtor.com chief economist says
By Sydney LakeNovember 30, 2023
‘Why am I paying 6%?’ As New York’s real-estate market slows, industry faces showdown over who pays agents’ fees
Finance
‘Why am I paying 6%?’ As New York’s real-estate market slows, industry faces showdown over who pays agents’ fees
By Bloomberg and Alicia ClantonNovember 30, 2023
The high mortgage rates locking you out of the housing market aren’t going away, top economist says. ‘Everybody should get used to 5.5% to 6%’
Finance
The high mortgage rates locking you out of the housing market aren’t going away, top economist says. ‘Everybody should get used to 5.5% to 6%’
By Alena BotrosNovember 28, 2023
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