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Newsfeed: The Face Of Housing Ownership Is Changing

Newsfeed: The Face Of Housing Ownership Is Changing

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Mortgage rates have doubled over the past year and this has hit housing affordability hard. How much housing prices will retrench is still up in the air. Consider the whole premise housing prices in America are about to fall like a stone may be overdone. Hard economic times could very well take a greater toll on the price of intangible assets and paper promises than on things like housing.

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Newsfeed: Apartment Rents Slide Across All US Cities Amid “Crush” Of New Supply

Newsfeed: Apartment Rents Slide Across All US Cities Amid “Crush” Of New Supply

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Back in September, when looking at various leading rental market indicators, we reported that “Manhattan Apartment Rents Finally “Plateau” After Red-Hot Summer” a trend reversal that was also observed at the national level as we observed in “Nationwide Rents Drop For First Time In Two Years.”

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Newsfeed: US Existing Home Sales Unexpectedly Decline In January, Record 37% YoY Collapse

Newsfeed: US Existing Home Sales Unexpectedly Decline In January, Record 37% YoY Collapse

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Existing home sales had fallen for a record 11 straight months ahead of this morning’s print for January, which consensus expected to reveal a 2% MoM rebound. However, existin home sales for January actually tumbled 0.7% MoM (well below the 2.0% jump expected) and the record 12th straight monthly decline with December’s 1.5% decline actually revised even worse to -2.2% MoM…

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