-
'We Are Actually Like An Automobile Company': ZenniHome Wants To Solve Affordable Housing Crisis
Tuesday, August 29, 2023 - 7:00am | 614Read More...America's affordable housing crisis seems to worsen by the day. The nation is short more than 7 million affordable homes for its 10.8 million-plus extremely low-income families, and there is no state or county where a renter working full time for minimum wage can afford a two-bedroom apartment...
-
Millennials Face Record $4 Trillion Debt Crisis — They're Struggling to Build Wealth, Homeownership And Retirement Savings
Thursday, August 24, 2023 - 1:00pm | 998Read More...A Wall Street Journal analysis of Federal Reserve data reveals a concerning financial situation for people ages 30 to 39, which constitute the majority of the millennial generation. The demographic accumulated nearly $4 trillion in debt during the fourth quarter of 2022, reflecting a...
-
Why This Goldman Sachs Analyst Gives Safehold A Buy Rating
Wednesday, August 23, 2023 - 1:03pm | 510Read More...Goldman Sachs analyst Caitlin Burrows initiated coverage on Safehold Inc. (NYSE: SAFE) with a Buy rating and a price target of $25. The analyst expected Safehold to realize an average annual EPS growth rate of 10.6% between 2024 and 2025. Acquisition volume, yield, and...
-
Lowe's Earnings Shed Light On Housing Trends As Sales Drop: Toll Brothers In The Crosshairs?
Tuesday, August 22, 2023 - 11:34am | 698Read More...As housing data continues to roll in, Tuesday's Existing Home Sales figure offers a mixed picture of the U.S. market. The existing home sales print, alongside factors including the earnings reports from homebuilder giants and home improvement bellwethers can offer investors a clear sight into what...
-
Ross Gerber Criticizes Federal Reserve's Approach To Inflation: 'Make Houses Unaffordable...'
Tuesday, August 22, 2023 - 1:08am | 445Read More...Tesla investor and Gerber Kawasaki CEO Ross Gerber commented on the Federal Reserve’s approach to combating inflation, mocking that making houses unaffordable is their strategy. What Happened: Gerber responded to a tweet highlighting that homes are now 44% more expensive than they were before...
-
A Simple Idea To Ease The Housing Affordability Crisis
Thursday, August 17, 2023 - 12:40pm | 1003Read More...Here’s a big idea to address America’s worsening housing affordability crisis: Let more Americans own their home without buying the land underneath it. If that sounds crazy, it shouldn’t. It’s been a widely used and successful model in commercial real estate for...
-
Doom And Gloom Ahead: Redfin CEO Unveils Dire Forecast For Housing Market
Wednesday, August 16, 2023 - 6:09pm | 403Read More...When the Federal Reserve began raising interest rates last year, many economists worried about a steep economic downturn and subsequent hit to the housing market. The economy held up surprisingly well, outperforming all expectations. But, now it appears that 40-year-high mortgage...
-
Berkshire Hathaway Is Betting On US Housing Market: Buffett Bought These Stocks, Should You?
Monday, August 14, 2023 - 5:39pm | 668Read More...Warren Buffett's Berkshire Hathaway introduced new stakes in D.R. Horton Inc, NVR Inc, and Lennar Corp last quarter according to a recent 13F filing Did you notice the surge in some homebuilder stocks on Monday during the aftermarket session? The reason behind this jump is Berkshire Hathaway...
-
Mortgage Delinquencies Hit Lowest Level Since Jimmy Carter Era, With Rates At Highest Level Since 2000
Friday, August 11, 2023 - 3:09pm | 483Read More...The U.S. housing market delivered some head-turning statistics this month. On one end, mortgage rates skyrocketed to a level not seen since 2000. On the other, delinquencies have plummeted to their lowest point since the late 1970s.What's Going On? U.S. 30-Year fixed-rate mortgage surged to 7.46%...
-
In Shakespearean Decline, Yang Huiyan's Fortune Crumbles With China's Real Estate Sector
Friday, August 11, 2023 - 12:47pm | 632Read More...Yang Huiyan’s story reads like a Shakespearean tragedy. Once celebrated as Asia’s wealthiest woman, she’s seen a staggering decline in her fortune due to turbulence in China’s property sector. As the chair of Country Garden Holdings Co Ltd (OTC:CTRYF) she's watched her...
-
Can New Zealand's Upzoning Success Provide A Blueprint To Surging US Home Prices?
Wednesday, August 9, 2023 - 11:02am | 568Read More...In the midst of soaring home prices and surging demand for space stateside, the U.S. can take a lesson from a nation nearly 8,000 miles away: New Zealand. Known for its scenic landscapes and Lord of the Rings-inspired tourism, the island country caught the attention of economists and urban planners...
-
Low Existing Home Inventory Drives Sales Up In Master-Planned Communities
Tuesday, August 8, 2023 - 11:51am | 490Read More...With high-interest rates causing many homeowners to stay put, sales of new homes are gaining traction — especially in master-planned communities that buyers perceive as a safe investment in a community perceived as high quality. A recent report from RCLCO Real Estate Consulting found that new...
-
Rising Interest Rates Are Killing Profits For Hotels and Airbnbs But This AI-Powered Solution Streamlines Operations So Businesses Can Beat The Downturn
Monday, August 7, 2023 - 4:22pm | 628Read More...The hospitality market has undergone massive changes over the past decade, ranging from the growth of platforms like VRBO to the need for enhanced safety protocols because of the COVID pandemic. Jurny — a hardware solutions and software as a service (SaaS) platform for short-term rental...
-
Rate-Locked Homeowners Fuel Housing Shortage Amid Still-High Mortgage Rates
Monday, July 31, 2023 - 3:54pm | 447Read More...Selling a home remains an undesirable option due to high mortgage rates, data shows. What Happened: Homeowners fortunate enough to secure lower mortgage rates are significantly less likely to consider selling and moving. That’s due to the lock-in effect, according to Zillow Group Inc (NASDAQ:...
-
How the Fed's Historic Interest Rate Hike Affects Your Wallet: Credit Cards, Mortgages, Stock Portfolios And More
Thursday, July 27, 2023 - 1:22pm | 538Read More...The Federal Reserve on Wednesday raised the federal funds rate by 25 basis points to 5.25%-5.5%, marking the highest since February 2001. The impact the Fed's interest rate hike campaign is manifold, affecting almost every aspect of consumer and personal finance, from housing to credit cards. Let's...
















