U.S. banks are struggling to understand how their residential mortgage portfolios will perform this year, because borrower-assistance programs during the pandemic have clouded who will be able to pay when forbearance periods and enhanced jobless bene
On December 16, Fed Chair Jerome Powell was specifically asked if he is seeing any signs of "valuation pressures" in the US housing market which according to the latest Case Shiller data was surging at the fastest pace in 6 years.
"The latest monthly decline is largely due to the shortage of inventory and fast-rising home prices,"
This is not the ideal time to own an apartment building. Millions are struggling to pay rent and despite the extension of the federal eviction moratorium through Jan. 31 in the latest stimulus bill, a lot of people will likely face eviction in the co
After a big surprise jump in October, existing home sales were expected to drop MoM in November (as homebuilder sentiment rolled over from record highs) after 5 straight months higher and sales did slump - more than expected.
In 1979 Asha Deliverance sewed her first geodesic dome on an old Singer sewing machine, finishing it in time to become her eldest child's first home.
As comrade Mayor Bill De Blasio does everything he possibly can to drive both businesses (like Goldman Sachs) and individual citizens out of New York City, the effect of his mismanagement and general cluelessness is starting to show up in Manhattan r
Between 2.4 million and 5 million American households are at risk in January alone
As expected, given the dynamics of the pandemic driven exodus from New York City, Manhattan's rental market has witnessed another massive plunge in rents, falling to a ten-year low.
Although the micro home movement isn't necessarily new, many have put tiny homes on their radar since COVID-19.
January is going to be a mess. America's small-time landlords, along with their tenants, are in trouble as safety nets are set to expire.
Why American Households Will Soon Be Filled with Three and Four Generations Under the Same Roof
A dark covid winter is descending on the working-poor of America as millions of adults face eviction or foreclosure in the next few months.
While various Fed speakers are vowing this week that there will be no rate hikes until at least 2023 or 2024, the Fed may be surprised to learn that if it were to broaden its definition of inflation, it would find it is quite ample already.
3D printing is a very exciting area of architecture at the moment, with new advancements seemingly announced every few months.
There's just one thing - as homebuilder sentiment soars, homebuyer sentiment (via UMich) has rolled over...
Case-Shiller analysis of 20 metro areas shows where the housing bubble was reblown and where it stalled.
One of the most recent mantras in the financial media is that housing prices rise because there is an inventory shortage. While it is an excellent headline for "getting clicks," the are 3-reasons why there really is NO housing shortage.
Biometric data is derived from measuring and calculating unique human characteristics like fingerprints and palm prints.
Case-Shiller reported a 5.18% YoY gain - the fastest pace of acceleration since August 2018.
The Labor Differential improved to 6.6 (jobs are easier to get) - its highest since March - but plans to buy cars and major appliances slumped (homes rose modestly) as expectations for income gains in the next 12 months dropped.
Two weeks ago we reported that as part of the tsunami of bankruptcies sweeping across the restaurant sector in the post-covid world, countless chains were simply handing the keys to the business to their lenders and walking away.
New home sales were expected to rise only a modest 1.4% MoM in September (vs +4.8% MoM in August) but things were notably worse with new home sales tumbling 3.5% in September (and August's bounce revised down to +3.0%)...
The four-bedroom contemporary just west of town smelled of fresh paint, flooring, sealant and new beginnings. The Bridger Mountains beckoned against an azure sky off the back deck, and Robert Carder, Montana's newest transplant, couldn't contain hims
People just want to escape the city...
In a world where over $16 trillion in debt now trades with negative yields...
'Get me any house in Maine!' Out-of-state buyers from New York City, Boston and DC are flooding the Maine property market causing home values to surge 17% and supply to hit a 'historic low'
Two German cities, Munich and Frankfurt, were found to have the highest risk of a housing bubble developing in a recent survey released by investment bank UBS. Other cities at risk were Toronto, Hong Kong, Paris, Amsterdam and Zurich.
Today I'll tell you about my experiences buying homestead as a first time buyer and give you some tips on picking a homestead or property. I'll take you through our homestead search story, show some different properties we passed up and the different
Calls and emails come in at all times of day and night. They no longer concern fun or prestige. Instead they focus on fresh water and solar panels. These were not the inquiries they had grown used to.