-
Homebuyers' Budgets Now Stretched 'To The Breaking Point': Zillow Says Monthly Payment On A Typical Home Soared 122% In 3 Years, But A 'Sweet Spot' For Buyers Could Arrive Soon
Wednesday, October 4, 2023 - 1:23pm | 674Read More...To combat rampant inflation in America, the Federal Reserve has implemented significant interest rate hikes since March 2022. As a result, mortgage rates have risen sharply, which can dampen the enthusiasm and purchasing power of potential homebuyers. According to online real estate marketplace...
-
Lone Star Dreams Unravel Amid High Interest Rates, Costly Insurance
Friday, September 29, 2023 - 6:39am | 582Read More...The Texas multifamily real estate market has had a whirlwind of a year since the Federal Reserve started raising interest rates last year. While Dallas and Houston continue to bring in new job opportunities, the demand for housing has slowed, putting pressure on investors and developers. It could...
-
Proceeding Recklessly
Tuesday, September 26, 2023 - 4:18pm | 936Read More...The Forward Guidance Trap We did not expect a 50bp increase in the FOMC median policy forecast for ‘24 and ‘25, nor did we expect them to forecast tighter policy in ‘25 and ‘26 as measured by real policy rates from 2.3% at year-end (YE) ‘23 to 2.6% at YE24 and 2.7% at...
-
2001: A Space Odyssey? HAL Was Ahead Of His Time — AI Propels 'Space Planning' Into 2023
Monday, September 25, 2023 - 11:43am | 505Read More...From writing marketing copy and computer code to creating logos and graphic design, artificial intelligence (AI) is finding its place in business, and one industry the technology is poised to shake up is commercial real estate. One of the biggest bottlenecks to completing commercial real estate...
-
Flipping The Script: Home Flipping Activity Drops As Profits Rise
Monday, September 25, 2023 - 9:05am | 635Read More...In a twist worthy of a reality TV plotline, house flipping experienced a dip in activity during the second quarter even as home prices soared. Even the market's most daring investors are trading their nail guns for calculators as they grapple with the real estate riddle — in a hot housing market,...
-
Mohamed El-Erian Says Likey 'We See 8% Mortgages Soon' As US Bond Yields Flirt With 4.5%
Thursday, September 21, 2023 - 9:57pm | 671Read More...What Happened: On Wednesday, economist Mohamed El-Erian took to X, formerly Twitter, to discuss the recent rise in US 10-year government bond yields, which he noted are now “flirting with the 4.50% level.” He indicated that the increase in bond yields is influencing the fixed-income...
-
Dot Plot Will Be The Most Important Chart For Investors To Watch Tomorrow, Brent Crude Hits $95
Tuesday, September 19, 2023 - 10:52am | 1521Read More...To gain an edge, this is what you need to know today. Dot Plot Please click here for the Fed’s prior dot plot. Note the following: The FOMC meeting is starting today. Tomorrow, the Fed will announce its decision at 2pm ET followed by Powell’s press conference at 2:30pm...
-
Is Affordable Housing Effectively 'Illegal' in the US? Regulatory Barriers Force Thousands Into Homelessness As Affordable Housing Startups Plea With Regulators For Less Red Tape
Monday, September 18, 2023 - 7:42am | 659Read More...As the nation grapples with a housing crisis, one major question arises: Are regulations rendering affordable housing projects almost illegal? Affordable housing, a necessity for millions of Americans, is a topic of heated debate. With housing prices soaring in urban centers and many people facing...
-
How First-Time Home Buyers Afford A House With Prices At Record Unaffordability
Saturday, September 16, 2023 - 2:10pm | 853Read More...In a housing market as tumultuous as a stormy sea, first-time homebuyers claimed 32% of homebuilders' net sales this year, according to data from John Burns Research & Consulting. The surge comes amidst a backdrop where real estate deals have been wobbling precariously...
-
Not Your Granny's Flat: ADUs Evolve As Game-Changing Solution To The Housing Crisis
Wednesday, September 13, 2023 - 3:56pm | 759Read More...Escalating rents, rising interest rates and inflation are making it increasingly difficult for people to find housing they can afford. But many cities are trying to fix the problem by permitting the construction of accessory dwelling units (ADUs). Often referred to as granny flats, carriage houses...
-
SEC Chair Gensler Calls Crypto A 'Field Rife With Fraud, Abuse And Misconduct'
Tuesday, September 12, 2023 - 11:55am | 702Read More...U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler on Wednesday voiced significant concerns regarding the cryptocurrency sector's integrity, suggesting the industry is currently fraught with "fraud, abuse, and misconduct." As these concerns come to...
-
Is Home Ownership Overrated? Taking A Second Look At The American Dream
Tuesday, September 12, 2023 - 7:56am | 1518Read More...As recently as 20 years ago, buying a home was seen as an important milestone on the road to economic independence. But a combination of high home prices and interest rates near 20-year highs have combined to create a new landscape for Americans who don't already own their homes. This begs...
-
Apartment Rents Teeter On Negative Growth As Supply Set To Surge
Friday, September 8, 2023 - 4:50pm | 466Read More...U.S. apartment rents might set a new trend, with the possibility of year-over-year negative growth rates emerging as early as next month. What Happened: With rents in August registering a marginal 0.28% rise compared to the same period last year, a continuation of the trend may come as soon as...
-
From Crisis To Comfort: Affordable Smart Homes Startup Hoping To Ease Rising Housing Costs
Thursday, September 7, 2023 - 3:20pm | 987Read More...The U.S. housing landscape has been reeling from rising mortgage rates and supply shortage for some time, pushing median home prices to near-record highs. The S&P CoreLogic Case-Shiller national home price index exhibited a 0.7% month-on-month growth in June after being adjusted for...
-
Monthly Mortgage Payments Just Hit All-Time High — And Prices Jumped The Most In 10 Months
Thursday, August 31, 2023 - 3:51pm | 590Read More...The siren song of homeownership has hit a sour note for many prospective buyers. The nationwide median home-sale price has surged to an eye-watering $380,000, according to a Thursday Redfin Corp (NASDAQ:RDFN) report, reflecting a 5% year-over-year increase — the most substantial uptick in almost a...
















