Having fallen for two months, UMich sentiment was flat according to preliminary December data (slightly better than expectations) with current conditions rebounding and future expectations (hope) tumbling to its lowest since Dec 2017.
Having fallen for two months, UMich sentiment was flat according to preliminary December data (slightly better than expectations) with current conditions rebounding and future expectations (hope) tumbling to its lowest since Dec 2017.
Our old friends at Wells Fargo are involved in yet another banking scandal. And this one is really bad… people wrongfully lost their homes and ended up on the street.
Josh Sigurdson talks with Tim Picciott of The Liberty Advisor about the massive stock market correction of December 4th, 2018 as the Dow drops 2.5% and the S&P 500 drops 3.2%.
As we've been tracking here at PeakProsperity.com, the housing market is starting to look quite ill.
After the central bank-driven Grand Reflation following the Great Financial Crisis, home prices are now beginning to nose over from their new bu
From builders' perspective the news is discouraging. New home purchases tumbled in September to the weakest pace since December 2016. Sales of previously owned homes dropped for a sixth straight month, the worst streak since 2014. Homebuilding stoc
Today's construction report shows permits fell 0.6%, single-family starts fell 1.8%, but multi-family starts rose 1.6%.
Here are some more details from the Census Bureau's Residential Construction Report for October.
Instead of fading away after his NFL career ended, the former player helped to develop the country's first solar city that will house up to 50,000 people.
Rising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation's homebuilders.
Sentiment among homebuilders dropped 8 points in November to 60 in the National Association of Home Bu
Rising mortgage rates and continued home price growth are hurting affordability and fast becoming a toxic cocktail for the nation's homebuilders.
Sentiment among homebuilders dropped 8 points in November to 60 in the National Association of Home Bu
Total household debt hit a new record high, rising by $219 billion (1.6%) to $13.512 trillion in Q3 of 2018, according to the NY Fed's latest household debt report, the biggest jump since 2016.
Total household debt hit a new record high, rising by $219 billion (1.6%) to $13.512 trillion in Q3 of 2018, according to the NY Fed's latest household debt report, the biggest jump since 2016.
Total household debt hit a new record high, rising by $219 billion (1.6%) to $13.512 trillion in Q3 of 2018, according to the NY Fed's latest household debt report, the biggest jump since 2016.
Back in 2017, we explained why the "fate of the world economy is in the hands of China's housing bubble." The answer was simple: for the Chinese population, and growing middle class, to keep spending vibrant and borrowing elevated, it had to feel com
This is how housing markets turn. Slowly, then all at once.
Seven years of Seattle home prices outpacing wage growth because of low rates; bidding wars replaced by sales at the asking price; days or weeks on the market turning into months; sellers
With purchase applications tumbling alongside the collapse in refinancings, the headline mortgage application data slumped to its lowest level since September 2000 last week.