Lumber Prices Have Never Been This High Ahead Of Spring Building Season
By Tyler Durden The spring construction season is about to begin as homeowners face some of the highest lumber prices ever for this time of…
Real Estate
“Housing Affordability Is Getting Crushed”: Costlier Loans Push “American Dream” Out of Reach For First-Time Buyers
By Tyler Durden As consumer-goods inflation has continued to surprise economists and shoppers alike with its ferocity, increasingly costly mortgages are putting first-time home buyers…
Single-Family Home Rents Surge At Fastest Pace Ever
By Tyler Durden New data from CoreLogic Inc. shows rental prices for single-family homes soared to an all-time high in 2021. This comes as on-time…
Manhattan Retail Rents Plunge Without Office Workers, Tourists
By Tyler Durden As back-to-work slips in Manhattan and tourist activity across the borough struggles to regain pre-pandemic levels, retail rents are still dropping, according…
World’s Largest 3D-Printed Neighborhood Coming To Austin, Texas
By Tyler Durden Construction of the world’s largest community of 3D-printed homes is expected to break ground next year in Austin, Texas. Lennar, the nation’s…
Personal ATMs Are Back: Homeowners Tapping Into Equity In Biggest Drawdown Since 2007
By Tyler Durden After 18 months of exploding real estate prices, US homeowners are tapping into home equity at rates not seen since the beginning…
Largest US Homeowner Raises Rents As Housing Crunch Persists
By Tyler Durden Demand for single-family rental homes is off the charts and shows no signs of abating anytime soon, and that is pushing rents…
Wait Until All These New Homebuyers See Their Property Taxes Go Up Next Year
By Tyler Durden To add another chapter to the “our economy is a Ponzi scheme bubble that is bound to eventually burst” argument, those who…
Empty Manhattan Storefronts Double Historical Rate — “Even the real estate store is out of business”
By Tyler Durden Some of the busiest streets in midtown Manhattan are plagued with vacant storefronts as a drop in tourism and office workers have…
Homeownership Is The Least Affordable Since 2008 With Shelter Inflation About To Explode
By Tyler Durden Yesterday we asked a rhetorical question: how can (record high) home prices be rising so fast that housing is both unaffordable and…
Elizabeth Warren Introduces Bill to Bring Back One of the Federal Government’s Worst Pandemic Policies
By Brad Polumbo In late August, the Supreme Court struck down the Centers for Disease Control’s so-called “eviction moratorium.” The justices ruled that the federal…
Suburban Residents Risk Losing Homes Over Rising Pension Costs
By Amy Korte of Illinois Policy Patricia Hill grew up in Chicago’s Hyde Park neighborhood dreaming of one day owning a home. She and her…
Air Force Vet Landlord Left Homeless As Tenants Refuse to Pay, Thanks to Rent Moratorium
By Matt Agorist New York — Brandie LaCasse served her county in the Air Force and after she was honorably discharged, she worked her butt…
Second-Largest US Mortgage Lender To Accept Payment In Bitcoin
By Tyler Durden Several years ago, the prevailing bear case against bitcoin was that there simply was no use for the digital currency: one can…