As the Federal Reserve continues its hawkish market reset - which has contributed to a rise in interest and mortgage rates - real estate experts are sounding the alarm that "big trouble" lies ahead for the U.S. market.
Home prices have started to correct as interest rates rose sharply in 2022. However, the real problem for home prices is still coming in 2023 as the standoff between sellers and buyers comes to a head.
The housing market has seen extreme highs and lows this year. Fluctuating home prices and mortgage rates are primarily attributed to inflation, fears of a recession, and the U.S. Federal Reserve's economic policy.
After the dismal homebuilder sentiment data earlier in the week, it is no surprise that analysts expected a drop in both housing starts and building permits for November (the latest data) and they were right.
The U.S. Securities and Exchange Commission (SEC) has reached out to Blackstone Inc (BX.N) following an increase in investors pulling money from its real estate fund, Bloomberg News reported on Friday, citing people familiar with the matter.
In April, RH (the stock-buyback/short-squeeze mogul formerly known as Restoration Hardware) reported dismal earnings which sent its stock plunging and prompted CEO Gary Friedman to give an ominous assessment of the overall macro situation.
After tumbling for the first time since 2012 in July, Case-Shiller's 20-City Composite Home Price index was expected to drop for the third straight month in September (the latest data available) as mortgage rates soared, crushing affordability;
I am extremely concerned by what I am seeing in the housing market. When the Federal Reserve decided that it was going to start aggressively hiking interest rates, it was obvious that there would be a housing crash.
In 2015, Airbnb cofounder Joe Gebbia wanted a backyard house, but couldn't find anything he liked, so he decided to get into the business of creating and selling ADUs. Seven years later, he has launched Backyard, an off-grid steel prefab that comes
• http://theeconomiccollapseblog.com by Michael Snyd
If you live in a major urban area, you may have noticed that "tent cities" are starting to pop up all around you. The worst inflation crisis in decades has combined with the worst drug crisis that we have ever seen to create an unprecedented hom
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