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Following last month's disastrous starts and permits data, Tuesday's release of the S&P/Case-Shiller US National Home Price Index hinted at a nasty slowdown in all 20 metropolitan regions the index tracks, indicating that the era of double-digit gr
A study by realtor.com ranks the Chicago region's housing market slowest of 100 U.S. metro areas for 2019. That stat could be fixed, or made worse.
In what's likely to be some sort of marketing ploy, a condo development in Miami is making preparations for flying cars.
Supply of luxury $2.0 million homes is up four consecutive quarters but sales are down 16%, the most since 2010.
An extremely modest rise in 30-year mortgage rates has prompted a sudden collapse in mortgage applications for refinancings.
There is no better time than now to prepare for the inevitable financial meltdown. There is only so much time left before the bubble bursts taking everyone down with it!
Following February's almost unprecedented 11.8% surge in existing home sales, March was expected to see a contraction of 3.8% MoM, but fell more and February was revised weaker.
February was bad. Housing market weakness is now spreading out from London.
Well this should steal the jam out of the green-shoot-brigade's donut. Housing Starts and Permits unexpectedly tumbled in March. Housing Starts fell 0.3% MoM (against expectations of a 5.4% rebound) and to make matters worse, February's 8.7% plung
At least now we're arguing over the right thing: the need to hike housing supply.
As the US housing market deteriorates, the shift to a buyer's market accelerates, says Knock, a home trade-in online service. The 2Q19 National Knock Deals Report predicts that U.S. markets will have the highest percentage of homes that sell at disco
Instead of deregulation, Trump unveils his latest big-government housing program. If you thought Trump would deregulate Fannie Mae and Freddie Mac you thought wrong. Instead of deregulating, he replicates the old rules and prepares another bust.
The Saretsky Report contributed to this article.
While the headline mortgage applications index made the headlines - rising 18.6% WoW - as mortgage-rates continued to plummet lower, it was the action under the hood that was even more notable. As mortgage-rates have collapsed to their lowest sinc
Manhattan's would-be homebuyers are in no rush to make deals, while the number of condos and co-ops on the market continues to rise.
With home price growth at the slowest rate since 2012, rates falling, and existing home sales having rebounded notably, pending home sales are expected to slow very modestly in February after rebounding in January, but they fell more than expected.
Evidence stacked up that the surge in January was a one-hit wonder. Housing starts continued their volatile trend lower.
Recently, CNBC interviewed Glenn Kelman, the CEO of Redfin, on the current state of the housing market. Kelman said that housing prices, interest rates, and taxes are whipping up a "perfect storm" on the coasts and elsewhere.
After February's explosive surge in Housing Starts, expectations are for some giveback in March (in Permits too), but the reversion was considerably bigger than expected (and revisions did not help). Housing Starts tumbled 8.7% MoM in March an
Wealthy baby boomers are trapped in homes that are too big to sell. They want to downsize but can't get what they paid.
RedFin puts out a monthly home sales report, which contains a lot of great data. The chart below shows Feb 2018 year-over-year price growth, which was off the charts, compared to Feb 2019 year-over-year growth, which was very weak.
This is about 20 minutes long and shows a guy build an underground house with just a basket and a bamboo digging stick with metal blade. Truly impressive...
A major Australian real estate group is holding a luxury home auction that can be paid for with two cryptocurrencies. There will be a live auctioneer who will call out bids in BTC. The property owner says he wants to keep as many coins as possible.
ATTOM Data Solutions noticed that 60 of the 220 major U.S. metropolitan areas posted a y/y increase in foreclosure activity in January 2019, an ominous sign of deceleration in the housing market.
ATTOM Data Solutions noticed that 60 of the 220 major U.S. metropolitan areas posted a y/y increase in foreclosure activity in January 2019, an ominous sign of deceleration in the housing market.
Six days ado the Census Department reported on December sales. Today we have January sales. It's been a wild ride.
Professor Chris Mayer has a lesson for homeowners: Reverse mortgages, which let older Americans tap their home equity without selling or moving, aren't as risky as some say. In an online video, he brushes aside "common misconceptions," includ
Yearly home price appreciation has slowed for 10 months and month-over-month has been negative for four months.
17 years ago I wrote an email to friends and fellow libertarians of my observations, which was days later published by Lew Rockwell... I've got the same observation now. And the conditions are so much worse and time is running out,... tic tic tic
You could be forgiven for thinking that Arkup's ambitious concept for a floating home would never be realized, but it has indeed been built and is now for sale for a cool US$5.5 million.
