Renters and Owners Live in Separate Economies
By Peter S. Onge It turns out renters and homeowners are living in two entirely different economies, at least according to a new study by the Federal…
Housing
US Pending Home Sales Plunged To Record Lows In April As Rates Rose
By Tyler Durden After an unexpected jump in March, pending home sales were expected to drop 1.0% MoM in April as mortgage rates pushed back…
Rents Are Plunging In These Major U.S. Cities
By Tyler Durden As everybody knows, during the early phase of the pandemic, both single-family and multifamily rental prices surged, fueled by the shift to…
The Income A Family Needs To Live Comfortably In Every US State
By Tyler Durden Families in the top five most expensive U.S. states require an annual income exceeding $270,000 to live comfortably. This visualization, via Visual Capitalist’s Bruno…
America’s Housing Market Is In A Deep Freeze
By Michael Snyder This is a very bad time for those that work in the real estate industry. Thanks to the Federal Reserve, mortgage rates…
New Biden Energy Rules Will Raise The Cost Of A New Home By $31,000
Authored by Mike Shedlock via MishTalk.com New HUD energy rules will raise the cost of home construction by imposing stricter building codes. Payback time is…
California Homeowners: Insured No More Amid Fire Danger
By Tyler Durden America’s largest and, for some owners, only option for a home insurer is pulling back its operations in the state of California, leaving many…
State Farm Insurance Drops 72,000 California Properties
By Tyler Durden State Farm will not renew approximately 72,000 property and commercial apartment policies, of which approximately 30,000 will be for ‘homeowner, rental, rental,…
The Wall Street Takeover: How Corporate Landlords Are Reshaping America’s Housing Market
By Study Finds In the wake of the Great Recession, a new breed of landlords has emerged: corporate investors. These Wall Street-backed entities have been…
“It’s Enraging”: NYC Homeowner Arrested For Changing Locks After Squatters Take Over
By Tyler Durden A woman who inherited a home in New York City full of people squatting illegally was arrested and led away in handcuffs…
You Will Live In Tiny Homes And Electric Vehicles And Be Happy – This Is The Future They Have Planned For Us
By Michael Snyder In recent years, “van life’, “car life” and “tiny homes” have all become extremely hot topics on social media. Millennials and Generation…
Squatters Are Taking Over Homes All Over The Nation On An Industrial Scale And Turning Them Into Dens Of Crime
By Michael Snyder Squatting has always been a problem, especially in certain parts of the nation, but now it is happening on an industrial scale…
Are Meta And Google America’s Next Big Landlords?
Authored by Sam Bourgi via CreditNews.com After conquering the digital realm, America’s Big Tech is plotting colossal real estate projects that could house thousands of…
2023 Was The Worst Year On Record For Existing Home Sales
By Tyler Durden Existing Home Sales fell 1.0% MoM in December, worse than the +0.3% expected, leaving sales down. Total Existing Home Sales in December…