Chinese investors were the most active buyers of US real estate last year among foreigners — spending a record $6.1 billion on homes mainly in Florida and California, according to the National Association of Realtors.
Newsfeed: Chinese spent $6.1B on US real estate last year Read More »
The pain in the mortgage market is only getting worse as higher interest rates and inflation hammer American consumers.
On the heels of ugly homebuilder sentiment and tumbling single-family home starts and permits, analysts expected existing home sales to extend their recent decline with a 1.1% MoM drop in June.
Newsfeed: US Existing Home Sales Plunge In June As Affordability Collapses Read More »
The top 10 markets for annual rent growth have something major in common: they’re all in the Sunshine State. In the year-ending 2nd quarter 2022 …
Newsfeed: Florida Claims All Top 10 Markets for Rent Growth Read More »
With homebuilder sentiment collapsing at its fastest rate on record in July (ex-COVID lockdowns), one could be forgiven for thinking these same homebuilders …
Newsfeed: US Homebuilders Abandon Single-Families In June As They Brace For Rate Shock Read More »
COVID-19 thrusted rental housing affordability into the spotlight. Headlines warned of a pending eviction tsunami. Policymakers moved to provide backstops …
Newsfeed: Market-Rate Apartment Renters Spending 23% of Income Toward Rent Read More »
Over the past two months, the oil price rally has seriously lost momentum, with prices remaining range-bound as fears intensify that the global economy could be headed for a recession.
Newsfeed: Will Falling Oil Prices Alter The Fed’s Aggressive Rate Hike Plan? Read More »
The real estate investment platform Arrived Homes, backed by Amazon.com Inc. (NASDAQ: AMZN) founder Jeff Bezos …
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 »
The index of builder sentiment finally gave way and plunged to 55 in July from 67 last month, seventh straight monthly decline and lowest since May 2020.
Newsfeed: Homebuilder Confidence Collapses In July Read More »