Amid surging layoffs in the real estate market, a collapse in homebuilder sentiment, soaring mortgage rates and plunging mortgage applications, it is hardly a surprise that analysts expected a drop in Housing...
The National Association of Realtors says "affordability" dropped to 98.5 in June, the lowest since 1989.
The growing rental crisis in the U.S. has shown no signs of stopping.
More evidence has been published today that suggests June was likely the turning point following the most significant annual home price growth decline since before Paul Volcker became Fed Chair.
Canada's largest bank has downgraded its outlook for the housing market and now forecasts a "historic correction," worse than any national decline seen in this country in the past 40 years.
...inside a 170-km long mirrored skyscraper
Tesla CEO Elon Musk has no shortage of opinions to share on Twitter, from his views on cryptocurrency to claiming that Tesla stock prices are too high.
US household debt increased by 2% to $16.2 trillion in the second quarter, with mortgages, auto loans and credit-card balances all seeing sizable increases, according to a report by the New York Federal Reserve Bank.
Mike Swatek (Osark/Oklahoma Domes) and Sean Hohman (dome architech) on building aircrete domes, building and construction materials, techniques, etc...
One of the key housing markets that tore higher during the pandemic boom is now finally starting to cool off - likely a microcosm of what is already happening all of the U.S. as several key industries fall into recession.
If you think a housing bottom is close, then think again. Pending sales are down another 8.6 percent.
You will rent forever and be happy. Or at least that's a possible future, based on some people believing that the housing market is being seriously manipulated, to make a handful of companies the landlords of our planet. Or at least, just to drive up
The Chinese are keen on investing in tangible assets, namely real estate. Canada implemented restrictions on foreign buyers after accusing them of the real estate shortage and sky-high prices.
...corporate vultures are taking advantage of one of the most vulnerable demographics in the country; some 22 million low-income Americans across 43,000 communities
Redfin reports price reductions by at least 25 percent of sellers in three-fourths of the metro areas it tracks.
1. China's mortgage-boycott problem is still growing. More homebuyers halted payments on unfinished apartments, affecting at least 319 projects, up from 235 a week ago, according to Capital Economics. By all accounts, the situation is still managea
More than 50 billion tons of sand are wasted every year in the world, making it the second most used resource after water. Sand is an unregulated material widely used in literally every building project on Earth.
The Beginning is Nigh... here we begin the process of developing quality Monolithic Dome Structures using various methods and materials as an inspiration for an Open Source Project to ensure a quality future for Generation Next.
...once housing craters, the largest US residential and commercial landlord - private equity giant Blackstone - is about to get even bigger.
Greenwich, an affluent town on Connecticut's coast about an hour from New York City, may have experienced the 'last hurrah' of a red hot housing market since city dwellers fled to the town after the coronavirus outbreak, according to Bloomberg.
Ugly housing data and clear signals of demand destruction in the energy complex were not enough to stop stocks soaring further as the short-squeeze continues...
The Likes Of Which America Has Never Seen Before You may not want to buy a house right now. What goes up must eventually come down, and we have just entered the "down" side of that equation.
More Americans are relocating to Europe, driven across the Atlantic by the rising cost of living, inflated house prices, a surging dollar and political rancor at home.
About two years ago I wrote about a crowdfunding campaign to create affordable, green, modular, and community-centric housing: Geoship. Now that dream has manifested in an actual physical prototype, and the company has raised over $1.5 million, taken
...multi-family starts and permits surged double-digits in June as single-family plunged...
Confidence among builders in the nation's single-family housing market fell in July to the lowest level since the start of the pandemic.
China On Verge Of Violent Debt Jubilee As "Disgruntled" Homebuyers Refuse To Pay Their Mortgages
"We anticipate continued challenging market conditions, with mortgage originations projected to decline by roughly half in 2022 from 2021, including an accelerated decline in the second half of 2022, followed by a further decline in 2023."
Let's check in with a real estate consulting firm on a major housing crash now underway.
It appears the laws of supply and demand have once again miraculously re-appeared - this time in the home mortgage market.