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...
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.
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.
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
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.
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.
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
"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."