
Rate-Hikes Jeopardize Much More Than Just American Home Ownership
• https://www.zerohedge.com, by J.G.CollinsSomeone once said that you never actually "buy" a home. Instead, you merely commit to paying an annuity: the mortgage.
ON AIR NOW
Click to Play
Someone once said that you never actually "buy" a home. Instead, you merely commit to paying an annuity: the mortgage.
On the valley floor beneath the dramatic sandstone cliffs of Bluff, Utah, emerging builders have spent over two decades erecting experimental homes with new materials like FlexCrete blocks: a Navajo Nation product created from the coal ash leftovers
30 Year fixed mortgage rates have jumped 160bp this year, reaching the highest since November 2018, with the latest Freddie Mac data showing an acceleration in mortgage rates which jumped a quarter point in just the past week, from 4.42% to 4.67%.
A leading financial expert who predicted earlier this month that one of the world's biggest independent energy merchants was about to face a capital liquidity crisis of historic margins appears to have been spot-on.
After unexpectedly plunging in January, pending home sales were expected rebound very modestly in February (despite both new- and existing-home-sales tumbling as mortgage rates soar).
Sales of new U.S. homes fell in February for a second month, suggesting high prices and rising mortgage rates may be keeping prospective buyers on the sidelines.
Despite the unexpected plunge in existing home sales, analysts expected new home sales in February to rebound modestly from January's drop but they were wrong (again) as new home sales fell 2.0% (+1.1% exp) and worse still January's 4.5% drop was rev
The mayor of St. Paul is desperately seeking to limit the damage of a rent control policy he supported.
Sales of previously owned U.S. homes fell in February by more than forecast to a six-month low as a limited supply of properties and high prices deterred potential buyers.
"Monthly payments have risen by 28% from one year ago - which interestingly is not a part of the consumer price index .."
Actually, activists seek rent control. However, if "successful" the result will be less new home construction.
Manhattan rent hits a record high of $3,700 a month - up 24% on a year ago - as landlords cancel pandemic discounts and furious tenants take to TikTok to reveal prices are being DOUBLED
When Jaime Garces needed storage space for his furniture business, he ordered a used shipping container for 1,500 euros and liked it so much he ordered two more and soon the three containers were stacked into a two-story bridge home with a glass-wall
It has been said that everything starts in California.
Let's take a closer look at what 3D printing means for the future of building sustainable homes and if 3d printed homes are all they're cracked up to be.
Pending Home Sales is once again the tie-breaker for the trend of the housing market in January (after existing home sales surged and new home sales slumped) and analysts expect a very modest rebound after two straight months of MoM declines.
Important indicator shows that the U.S. is headed for its worst real estate crash in country's history
Disney has revealed an ambitious plan to create a number of new residential communities throughout the United States. The scheme, which is branded Storyliving by Disney, will launch with a large luxury housing development that will consist of roughly
Reality was very mixed, with housing starts tumbling 4.1% MoM (biggest drop since July) but permits actually rose 0.7% MoM...
while they initially make homebuying affordable for middle- and working-class Americans, cheap money flooding into the market for an extended period will cause housing affordability issues as home prices soar.
For the fourth straight month, US home prices decelerated in the nation's 20 largest cities. The 20-City Composite rose 18.29% YoY in November (below October's 18.46% pace but it did print above the expected +18.00% YoY.
As of 2016, China's empty apartment units could house New York City 27 times over.
Here are some interesting ideas for dome homes and other things you could make from domes...
Dome homes have many structural advantages and have been built around the world in varied climates. These have proven to be a stable and efficient form of shelter with a natural resistance to external factors like earthquakes, high winds, and flowing
...should help reverse trend in record rents.
With 150 trees sprouting across 5 floors of terraces, balconies, and roof gardens, apartment complex "25 Verde" rises like a giant treehouse, a forest-building ecosystem combining geothermal energy, water reuse, and natural cooling.
New York let its eviction and foreclosure moratorium expire on Saturday, and the Housing Court reportedly has at least 291,000 pending cases that it will start hearing on Tuesday.
We're only two weeks into 2022, and it's already been a milestone year for electric campers. Winnebago has followed Mercedes-Benz and Thor Industries in announcing plans to show an all-electric camper. Set to debut in just a few days, the Winnebago e
The groundbreaking Dethleffs E.Home Coco camping trailer has taken another big step toward reality.
Here are 11 useful tips on how to insulate a camper for winter use, from windows to ceiling.