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Home Prices Have Given Gen Z 'Financial Whiplash' - Young Americans See Homeownership As Key To Building Wealth, But Rising Costs Are Keeping The American Dream Out Of Reach
Wednesday, October 18, 2023 - 2:38pm | 681Read More...For many young Americans, the idea of owning a home has always been a part of the American Dream. A recent survey by Arrived provides insights into Gen Z’s aspirations and challenges when it comes to homeownership. Gen Z's Homeownership Dreams According to the survey, a whopping 87% of Gen Z...
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Weekly Points – 5 Things To Know In Investing This Week
Wednesday, October 18, 2023 - 2:24pm | 1673Read More...The Chutzpah Issue Chutzpah is a Yiddish word that loosely translates to a combination of gall, obnoxious assumptions, and courage. There’s an old saying that the definition of chutzpah is killing your parents and begging the judge for leniency because you’re an orphan. I also like the...
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Money Rushing Into Safe Havens As Wall Street's Callous Calculation Blows Up
Wednesday, October 18, 2023 - 1:09pm | 1721Read More...To gain an edge, this is what you need to know today. Market Mechanics Please click here for a chart of West Texas Intermediate crude oil futures. Note the following: The chart shows that oil is jumping after a blast at a hospital in Gaza killed a large number of civilians. Iran is...
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Millions Of Homes Sit Vacant Amid America's Housing Crisis — Here Are The 3 Biggest Reasons
Tuesday, October 17, 2023 - 8:28am | 728Read More...America has a housing shortage. According to Realtor.com, the gap between single-family home construction and household formation grew to 6.5 million homes from 2012 to 2022. And despite the Federal Reserve's substantial interest rate hikes aimed at curbing inflation, housing affordability...
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Mat Ishbia Argues In Favor Of Home Buying In CNBC Interview
Monday, October 16, 2023 - 6:17pm | 320Read More...UWM Holdings Corp. (NYSE: UWMC) CEO Matt Ishbia sat down and spoke with CNBC's Morgan Brennan about the real estate market in an interview on Monday. Ishbia argued that while rates are high it is a good time to buy a house since buyers will face increased prices if they wait for...
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The Case For Investing In Income Property Before Buying Your First Home
Monday, October 16, 2023 - 2:21pm | 1603Read More...Would-be homebuyers in America are finding themselves caught in a wicked squeeze play, with high-interest rates and even higher prices combining to severely limit their buying power. This is changing the nature of homebuying, especially for first-time buyers or people looking for an...
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Americans Face Historic Lack Of Affordability In Housing Market, Data Shows
Sunday, October 15, 2023 - 1:47pm | 661Read More...The dream of homeownership in the U.S. is becoming increasingly challenging. Factors such as escalating interest rates, surging property prices and mounting insurance expenses have made housing less accessible across all states. What Happened: Recent data from the National Association of...
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Builders' Blues: Soaring Prices Hammer Construction Industry
Friday, October 13, 2023 - 12:47pm | 538Read More...Strong housing activity is driving demand for building materials that is resulting in a shortage of supplies and increasing prices. A report from John Burns Research and Consulting researchers Chris Beard and Matt Saunders found that roofing and insulation materials particularly are in short supply...
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Skyrocketing Home Prices And Mortgage Rates Leave Average Americans Struggling To Afford Ownership
Thursday, October 12, 2023 - 3:48pm | 679Read More...Over the last two years, home ownership has become more difficult for people earning the average U.S. wage. Median-priced single-family homes and condos were less affordable in the third quarter compared to historical averages in 99% of counties nationwide with enough data to analyze, according to...
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Millennial Owns 200 Houses, But He Gets Others To Pay For Them: How To Invest In Real Estate While Mortgage Rates Are Sky High
Wednesday, October 11, 2023 - 6:42pm | 735Read More...Thirty-year fixed mortgage rates have climbed to the highest levels in more than 20 years, but that's not stopping one savvy real estate investor from doing what he does best: buying houses without burning through his own money. What To Know: The housing market has essentially...
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The Housing Market Has Become A 'National Crisis' According To One Investor
Wednesday, October 11, 2023 - 3:30pm | 521Read More...Anthony Pompliano, an investor and entrepreneur with more than 1.5 million followers on X, warned his followers that housing affordability in the U.S. has "become a national crisis." Pompliano shared a chart from Goldman Sachs that showed the bank’s home affordability...
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Warren Buffett Sold His Only REIT Last Year, But He's Betting Big On Housing With Three New Investments
Tuesday, October 10, 2023 - 11:12am | 881Read More...Warren Buffett isn't known for being a big real estate investor, but he has invested in real estate investment trusts (REITs) in the past and reaped significant rewards. For instance, Buffett's company Berkshire Hathaway Inc. (NYSE:BRK) used to own shares of STORE Capital Corp., a REIT specializing...
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'They Can Outbid Your Children': RFK Jr. Warns That Corporations Are 'Trying To Buy Every Single-Family Home' In America — And They Are On Track To Own 60% Of Homes By 2030
Monday, October 9, 2023 - 11:09am | 725Read More...Housing affordability has been a pressing issue in America. While many people point to supply shortages, rising material costs and stagnant wages as drivers behind the crisis, Democratic presidential candidate Robert F. Kennedy Jr. believes there's another culprit — corporations. "The real reason...
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Finding The Sweet Spot: Why 5.5% Is The Magic Number For Mortgage Rates
Thursday, October 5, 2023 - 11:32am | 563Read More...When the Federal Reserve didn't raise interest rates last week, many believed it would help keep mortgage rates steady. But that's not what happened. Instead, rates for a 30-year fixed-rate mortgage increased from 7.31% to 7.31% — their highest level since 2000, according to Freddie Mac. "Unlike...
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NASA Plans To Build Houses On The Moon By 2040 While America Ponders Its Own Housing Crisis
Thursday, October 5, 2023 - 10:42am | 767Read More...It's been 54 years since humans first set foot on the moon. Now, NASA is planning to put homes on its dusty surface, taking a giant leap toward establishing a permanent human presence beyond Earth. According to The New York Times, NASA has set its sights on building houses on the moon by 2040. The...
















