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As the luxury real estate market cycles down, now is the time billionaires should catch the proverbial "falling knife," Bloomberg reports.
Kanye West has a plan to solve California's housing crisis, and it involves borrowing from the lifestyles of the inhabitants of Tatooine.
Last Chance for a Good Price Was 7 Years Ago
Real estate firms in Japan are once again "entering dangerous territory," according to Bloomberg. S&P Global Ratings said on Friday that the sector's debt levels are now higher than the nation's bubble era.
With the cost of rent continuing to rise, some Americans are taking unusual measures to find a place to sleep.
"A Curious Divergence": Despite The IPO Bubble, The "Tech Epicenter" Housing Market Is Crumbling
Amazon is out to make housing affordable. It will eventually succeed. Looking for an affordable home? Meet the Under $20,000 Home on Amazon.
There is little to like in today's residential sales report. New home sales dove 7.8% overall and prices also fell 8.1%.
Home price appreciation in the 20 largest US cities has slowed for 13 straight months, with Case-Shiller reporting that April's (the latest data) home price growth was just 2.5% YoY - the weakest since August 2012. Month-over-month, home prices we
Housing starts fell but from an upward revision. The main story is a collapse in single-family units.
Despite the hype of soaring mortgage applications (refis, not purchases) and homebuilder stocks, housing starts tumbled 0.9% MoM in May (drastically missing expectations for a 0.3% rise), and while permits rose a better than expected 0.3% MoM, it rem
Mortgage applications surged an impressive 26.8% WoW - the largest jump since Jan 2015 - led by a massive spike in refis as mortgage rates tumbled alongside the Treasury market. 30Y rates dropped back below 4.00% - the lowest since Jan 2018...
House flipping is at a nine-year high! While that may seem like good news, it actually foretells major problems in the housing market - a market we all can see is in a gigantic bubble right now.
A new report identifies American cities that are experiencing a post-housing crisis hangover.
Luxury homes aren't the only section of the American housing market that's showing troubling signs of weakness.
Senderos Canyon, which spans approximately 258-acres next to Los Angeles's Bel Air neighborhood, has been relisted for $75 million, down from its 2013 listing of a $125 million ask, Bloomberg reported.
Here's one consequence of the slowing U.S. housing market: Home flippers are heading for the exits.
Contracts to buy previously owned homes unexpectedly fell in April, the National Association of Realtors said on Thursday.
Case-Shiller's March home price index showed yet another deceleration in growth - the 12 months in a row of slowing equals the 2014 growth scare's length but is the weakest growth since July 2012.
Proving that higher prices aren't always better news, housing in Manhattan may finally be catching a bid after a nearly yearlong slump in prices has plunged far enough to finally attract buyers. Additionally, inventory growth finally looks to be slow
Existing homes sales fell 0.4% in April. The Consensus expected a rise. The National Association of Realtors (NAR) reports Existing-Home Sales Inch Back 0.4% in April.
The national average rent price is $1,436. The pace of rent increases is the lowest in nearly a year.
Existing home sales were the odd one out in March (falling as new- and pending-home-sales spiked) but expectations were for a catch-up rebound in April, but did not, dramatically missing the expectation of a 2.7% rise by dropping (again) by 0.4% MoM.
One of the main goals of the Federal Reserve's monetary policies of the past decade was to generate the "wealth effect": by pushing the valuations of homes higher, would make American households feel wealthier. But it didn't.
The Trump Organization's own marketing materials promote the president's flagship midtown tower as "one of New York's most iconic trophy buildings." Yet prices for its open office space are currently listed as "negotiable," one of sever
After a three-decade boom, the implosion of the Australian housing market could eventually push the economy into a recession.
Revealed: Jeff Bezos' futuristic vision of self-sustaining habitats that could house a TRILLION people in space
A noble plan to improve housing access for those in need through cutting-edge construction technology is gathering momentum, with a blueprint now in place for what is billed as the world's first 3D-printed community.
Mortgage rates have slumped once again, and are now stretching into the third straight week of decreases. The 30-year fixed-rate mortgage averaged 4.10% in the May 9 week, Freddie Mac said Thursday.
Zillow and Opendoor say their products could be even more valuable when the real estate market slows. The housing market often seizes up during periods of rapid change, as buyers and sellers struggle to agree on prices.
