Housing

As the threat of high inflation and rising interest rates looms into 2023, investors are turning to the top recession-proof stocks that can withstand a potential downturn. These include dividend stocks with pricing power, low debt, and essential products that generate steady cash flow. Here are...

Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, may have his sights set on a strong housing market recovery. What Happened: With existing-home sales falling for the 12th consecutive month in January, Buffet’s recent purchase of 1.25 million shares of Louisiana-Pacific...

Mortgage rates are back on the rise due to a strong performance in retail sales and labor market data, along with positive monthly inflation readings. This has raised the prospect of the Federal Reserve continuing its interest rate hiking campaign through the summer. As a result, existing home...

Jeff Bezos, founder and former Amazon.com, Inc CEO, has a penchant for opulent living and has built an impressive real estate collection spanning several states in the U.S. Despite stepping down as CEO, Bezos still ranks as the third wealthiest person globally, with an estimated net worth of $...

The housing market has been top-of-mind for new and would-be homeowners for months, as the Federal Reserve’s aggressive rate hike campaign has kept mortgage rates at highs last seen since 2007. And it’s not just expensive borrowing costs keeping people in their apartments. The median...

Earlier this year, in May, claims were made that Microsoft Corp co-founder Bill Gates owned the majority of America’s farmland. While that is false, with the billionaire amassing nearly 270,000 acres of farmland across the country, compared to 900 million total farm acres, a different...

Redfin Corp (NASDAQ: RDFN) reported a year of losses and declining gross profits in its year-end earnings report for 2022. The results, published Thursday, come as a reflection of the nationwide chill that hit the U.S housing market last year, caused by rising interest rates that kept many...

One of the richest people in the world has seen his wealth soar over the years thanks to the increased value in companies in which he is the CEO and a leading investor. Elon Musk could soon have a new income stream with the potential of housing projects for his employees. What Happened:...

Mortgage rates have fallen below 6% for the first time in several months. This means a homebuyer with a monthly budget of $2,500 can now afford a $400,000 home. What Happened: The average daily mortgage rate came in at 5.99% last week, the first sub-6% average since mid-September, according to...

The U.S. housing market may have bottomed, according to some real-estate analysts, citing multiple data points. What Happened: Housing demand was beginning to grow while the supply of homes for sale remains limited, said Altos Research CEO Mike Simonsen. This week, available inventory dropped to...

Cities across the county are trying to figure out how to get people back to their downtowns, but instead of luring them back to the office, they’re trying to make city centers more attractive places to live. To provide a premier downtown living experience, cities must provide a balance...

The Super Bowl is one of the most exciting events of the year, attracting sports fans and football enthusiasts from all over the country. As the Cincinnati Bengals' loss to the Kansas City Chiefs disappointed some fans, and the San Francisco 49ers' loss against the Philadelphia Eagles left...

Homebuilder sentiment increased in January for the first time in a year after declining for 12 straight months, triggering a rally in homebuilder stocks. What Happened: Recent data issued by the National Association of Homebuilders (NAHB) showed its national Housing Market Index (HMI) rose...

Simple math will tell you that rising home mortgage rates plus a lack of inventory causing home seekers to flock to rental properties are, in most cases, the cause of rising rents across the country. But there may be some relief coming, depending on the market you live in.  “Since the...

U.S. home sales in 2022 generated more profit for sellers than they have in the last three years, with Western and Southern regions seeing the biggest increases in investment returns. Home sellers nationwide realized a profit of $112,000 on the typical sale in 2022, up 21% from $92,500 in 2021 and...