Here are three takeaways from the recent National Rental Home Council Industry Leaders Conference, where our CEO John Burns was a featured speaker.
Newsfeed: Big SFR Firms Raising Rents, Taking Share, and Improving Efficiency Read More »
The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% ($2.3 trillion) from a record high of $47.7 trillion in June.
Newsfeed: U.S. Homeowners Have Lost $2.3 Trillion In Value Since June Peak Read More »
American households lost about $6.8 trillion in wealth over the first three quarters of 2022 as the stock market SPX, +1.43% DJIA, +1.58% COMP, +1.26% shed more than 25% of its value, the Federal Reserve reported Friday in the government’s quarterly financial accounts.
Home prices have plunged during the second half of 2022 with demand for residential real estate cooling off in a number of states and cities across the U.S.
Newsfeed: U.S. home prices could fall as much as 20% next year Read More »
Home sales and listings in September both slumped the most on record with the exception of the early months of the pandemic as rapidly rising mortgage rates prompted both buyers and sellers to stay put, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.
Renting is at the highest level in half a century, with 43.7 million households renting. Population-adjusted numbers are another matter. But what does it mean?
Newsfeed: Renters Surpass Homeowners in 41% of Zip Codes in the 50 Largest U.S. Cities Read More »
Real estate investors have largely done well for the past few years. But with higher interest rates, things could be about to change. The U.S. Federal Reserve raised its benchmark interest rates by 0.75 basis points on Wednesday, marking the third such hike in a row.
For the first time ever, the median rent in the U.S. topped $2,000 a month in June — and the increases show no sign of stopping.
Renters across the country are feeling the brunt of housing inflation. Nearly 60% of renters said their rent increased in the past 12 months, according to a Freddie Mac survey of 2,000 Americans conducted in June and given exclusively to Yahoo Money.
Americans are sitting on tons of home equity, but the cost to tap it is getting too high. In the first quarter of 2022, total home equity for all owner-occupied properties grew by $1.6 trillion to $39.7 trillion from the previous quarter.
Newsfeed: Housing: It’s getting expensive to tap record home equity Read More »