Tag Archives: housing

Zillow Is Growing When the Housing Market Is Frozen  The New York Times Source link

The 10 most ‘impossibly unaffordable’ housing markets in the world—5 are in the U.S.  MSNView Full Coverage on Google News Source link

Mortgage rates are still nearly 7% and home prices are 55% higher than they were at the beginning of 2020, according to the Case-Shiller U.S. National Home Price Index.  Housing inventory is slightly rising overall, but it’s not doing so by nearly enough, a May report by the National Association of Realtors and Realtor.com shows. And an analyst note published …

Homebuilders cut prices, bring on supply; profits plunge back to earth. Medicine this overpriced housing market needs.  By Wolf Richter for WOLF STREET. New single-family homes for sale at all stages of construction spiked to 511,000 homes in June, the highest since October 2007, when inventory was falling during the Housing Bust as homebuilders, struggling to stay alive, were cutting back construction. Prices …

ALBUQUERQUE, N.M. — The University of New Mexico campus in Albuquerque is in a shelter-in-place after one person died in a shooting that left another wounded Friday at a student housing complex, according to the UNM Police Department. The University of New Mexico campus in Albuquerque is in a shelter-in-place after one person died in a shooting that left another …

Home prices hit an all-time high even as the housing market slowdown deepens  MarketWatch June home sales drop as prices hit a record high  CNBC US existing home sales fall more than expected in June  Yahoo Finance NAR Existing-Home Sales Report Shows 2.7% Decrease in June  National Association of REALTORS® Home Prices Hit Record High in June, Dragging Down Sales  MSN Source link

Trump Mulls Removing Capital-Gains Tax on Home Sales. The Aim Is to Juice the Housing Market.  Barron’s Trump says he’s considering a new tax break. Here’s how it could impact the housing market.  USA Today Trump floats eliminating capital gains tax on home sales. What would that mean?  CBS News Will Trump Eliminate Capital Gains Taxes For Home Sales? Here’s What To Know  Forbes …

Fed chair Jerome Powell to deliver speech tomorrow; ‘resignation coming’ says Federal Housing Director – Hindustan Times  Hindustan Times Why Trump’s attacks on Jerome Powell are raising fears for the US economy  Al Jazeera Trump Has Draft of Letter to Fire Fed Chair. He Asked Republicans if He Should Send It.  The New York Times Firing Powell Would Shatter the Economy’s Inflation Defenses …

The housing market is getting so weak that it’s poised to become a significant drag on overall economic growth, according to Moody’s Analytics chief economist Mark Zandi. In a series of posts on X last week, he noted that he sent off a “yellow flare” on the housing market just a few weeks ago but now thinks a “red flare” …

Warren Buffett’s Berkshire Hathaway predicts major housing market shift soon  TheStreet Source link