Housing

For years, single-family rentals have been a wise investment decision. Individual investors have been purchasing this type of asset for decades, accounting for the majority of single-family rental transactions. However, trends have shifted over the past decade with institutional investors now...

If you’re waiting for a housing market crash, or a correction in prices that will make your dream home more affordable, the data shows you’re not alone. Single-family home sales in September fell to a seasonally adjusted annual rate of 4.22 million — pacing 0.9% slower than the 4....

The housing boom that followed the pandemic saw U.S. home values break numerous records. For the first time, the national median resale price exceeded $400,000. However, the boom is now over. Prices are no longer rising at an exponential rate; in certain markets, property values are stagnant, and...

In the early stages of the pandemic, property sales and new construction initially stopped in the wake of economic uncertainty, which eventually led to a substantial increase in home ownership across the U.S. An unusually heated housing market resulted from a combination of factors including...

Last week, the Federal Reserve approved a fourth straight 75-basis point hike in interest rates (the sixth overall this year) and hinted at a potential shift in its monetary policy strategy to combat inflation. Rising interest rates in the U.S. are doing more damage to the housing markets than...

The demand for trading fractional shares has increased significantly as younger investors enter the market and are confronted with popular equities or other assets that trade for more than $1,000 a share. In the past, a merger and acquisition, a stock split, or a dividend reinvestment were the only...

While consumer price index data in 2022 has been showing rent prices accelerating, Zillow Group Inc. (NASDAQ: Z) is reporting that a decline in rent inflation for 2023 can already be forecasted. In the last Fed meeting ending on Nov. 2, chairman of the Federal Reserve Jerome Powell said,...

The wealthy and powerful have the luxury of living in mansions that, at times, resemble castles and are located in the most prestigious and exclusive areas in the world. They spend millions to live in houses with luxuries that would make actual royalty blush while living the high life. Here are...

Good luck if you want to purchase or sell a home in 2022. The normal cost of home ownership has grown by tens or hundreds of thousands of dollars as mortgage rates have risen faster than at virtually any time in history. All the best if you're looking for a new rental. As demand soars in...

U.S. home sales and home price data have provided more evidence that the housing market is losing steam and could be the 'canary in the coal mine' of the economic downturn and coming recession, Tri Pointe Homes Inc (NYSE: TPH) CEO Doug Bauer says. Bauer said consumers are...

A popular standard for budgeting rent is to follow the 30% rule, which is spending a maximum of 30% of a gross monthly income on rent. Not so this year, for most Americans. In September 2022, the average U.S. employee will spend 46.38% of their monthly income on rent, data issued by...

Last month, fewer new homes were sold as a result of increased mortgage rates that have turned off some prospective buyers. According to joint data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built homes decreased 10.9% from August and were...

Mortgage rates tend to rise when the Federal Reserve increases the Fed Funds rate. It has a gradual trickling effect, though. Because of the fed funds rate's relationship to the 10-year treasury yield, mortgage rates would continue gradually increase even if Fed Chair Jerome Powell and the...

Mortgage demand is at its lowest level since 1997, hurting home-builder confidence. In fact, builder sentiment is so bad, it declined for the ninth consecutive month, according to a new study. And it's getting worse. What Happened: The National Association of Home Builders NAHB/Wells FargoNAHB/...

The average rate on 30-year mortgages rose from 6.66% the previous week to 6.92% this week, Freddie Mac data showed on Thursday. It marks the highest reading for mortgage rates since 2002 and further indicates  the rate depression that followed the Great Recession has come to an end...