Housing Market

Housing affordability in America is its worst in nearly a decade, and there's one clear culprit

Housing in the US has not been this unaffordable since property values were in free fall 10 years ago.<p>In the first quarter, affordability as measured by the average share of income needed to buy a median-priced house was at its worst since the third quarter of 2008, according to Attom Data …

Business

It's A Seller's Market In The Midwest

“For Sale” signs aren’t festooning front yards for very long these days as homes are attracting juicy offers faster than they have in years.<p>According to the May 2018 National Housing Report from RE/MAX, homes sold spent 46 days on the market in the 54 metropolitan markets surveyed, selling 28 times …

Real Estate

Australia’s Real Estate Finally Cools After Years of Surging

Slowdown comes after several years of frenzied growth<p>Australia’s housing market is slowing down after several years of frenzied growth, December …

Real Estate

How the housing market has become harder since 1988

Comparing today to the late ‘80s isn’t just a nostalgia trip; in significant ways, the market was healthier<p>Millennials facing today’s difficult housing market, and the challenges of buying their first home, can wistfully look back to the ‘50s and dream of a time when government policy and growth …

Housing

What Everyone Gets Wrong About Millennials Buying Houses

Who had it worse when buying homes: the Boomers or Millennials? It might be a topic that makes Thanksgiving dinner tenuous, but now the argument has …

Real Estate

The beginner’s guide to Los Angeles - Curbed LA

For decades, real estate barons and city leaders worked relentlessly to sell Los Angeles to frigid East Coasters, tubercular Midwesterners, and skeptical Southerners. But LA doesn’t need a booster campaign anymore.<p>Los Angeles County added nearly 13,000 residents from 2016 to 2017, and the …

Boston

Investor lending falls almost $100 billion in 12 months as property market softens

The steady strangulation of investors in the property market has intensified with the outstanding value of interest-only loans falling by almost $100 …

Loans

State by state: The suburbs where property owners are selling up

<b>It's official: house prices as a national average are falling for the first time since 2012.</b><p>Most of this is led by a downturn in Melbourne and Sydney …

Australia

Renewed weakness in housing market

JOHANNESBURG - The average time that homes remain on the market before being sold has increased significantly, pointing to a renewed weakness in the …

Housing

Remember That SALT Deduction? Well It's Crushing The Northeast

Remember That SALT Deduction?<p>The National Association of Realtors (NAR) recently released the monthly report on existing home sales "EHS". EHS …

Business

Why Home Prices Have Nowhere to Go But Up

Low supply is keeping sales down despite higher rates and builders are in no rush to boost production<p>By<p>Justin Lahart<p>Justin Lahart<p>The Wall Street Journal<p>Biography<p>@jdlahart<p>Google+<p>Justin.Lahart@wsj.com<p>There are a lot of people who would like to buy a house, and plenty of them can afford to. Finding a …

House Prices

Don’t expect real estate agents to disappear any time soon

When it comes to technology, the choice is between disrupting and being disrupted. Real estate brokerages are no exception. Adapting to the times and …

Real Estate

'Facebook is taking everything': rising rents drive out Silicon Valley families

Sandra Zamora is quitting Facebook. Not because of Russian election interference, misuse of personal data or any of the social network’s other scandals.<p>For the 29-year-old, it’s personal: Facebook is her neighbor, and the company’s presence, she said, is wreaking havoc on her community.<p>Zamora is …

Housing

The Wildemere activates a vacant storefront in Martin Park

While the housing market has gradually improved in Detroit over the past few years, the commercial situation had lagged. After Corey Williams renovated a house in the University District a few years ago, he spotted a storefront for sale on the corner of McNichols and Wildemere. A long renovation …

Real Estate

Could China’s Next Target Be the U.S. Housing Market?

There’s a flip side to the U.S. trade deficit that President Donald Trump rails against—the flow of capital from abroad that covers that gap. It …

Housing

Foreign buyer ban changes 'go too far'

Changes proposed to restrictions coming on foreign buyers may go too far and risk exposing New Zealand to a dangerous over-supply of housing, an …

New Zealand Politics

OPEC — What you need to know in markets on Friday

A quiet June week for schedule economic and earnings data has turned into a headache for investors.<p>The Dow dropped on Thursday for the …

Markets

Your House Would be Massively Cheaper Without So Much Government Regulation

June 21, 2018 by Convention of States<p>Over-regulation has real consequences for real people. Take the average American home, for instance. A study …

Housing

America's Millennials are waking up to a grim financial future

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Business (Canada)

New Zealand moves to ban foreigners from buying homes

WELLINGTON, New Zealand (AP) — New Zealand's new government is moving quickly to fulfill a campaign promise by banning foreign investors from buying homes.<p>Prime Minister Jacinda Ardern announced Tuesday that she expects to introduce new laws within weeks that would take effect early next year. She …

New Zealand

Fed tests find banks would be in good shape even in another crisis

The nation’s banks would hold up well if another financial crisis struck, according to the results of “stress tests” released by the Federal Reserve …

Housing

Research shows fewer do-it-yourself movers are Vancouver-bound

VANCOUVER (NEWS 1130) – Affordable housing is being blamed for Vancouver losing some ground as a top Canadian destination for customers using U-Haul …

Housing

The US housing shortage might be coming to an end

REUTERS/Mike Blake<p>Closing the Housing Stock Gap<p>Today's Census Bureau report sends an optimistic message about the housing market. Building permits increased 8.0 percent since this time last year, while housing starts rose 20.3 percent. The year-over-year increase in housing starts tells us that an …

Housing

White House advances housing finance reform proposal

The Trump administration on Thursday released a proposal for the role of the government in housing finance, setting out a list of principles that are …

Housing

Discrimination, scarcity still barriers for homeless looking for housing

Homeless New Yorkers looking to use rental assistance vouchers to move out of city shelters are still struggling with discrimination by landlords, insufficient funding and a perpetually tight housing market, according to interviews with care providers and city officials.<p>While providers have …

Housing

7 things to do before you move homes

Are you moving homes this year?<p>If you live in the United States, there's a good chance you might be. Between 2012 and 2013, 35.9 million Americans, …

Real Estate

Report: Mortgage requiring largest share of income since 2009

In the first quarter of 2018, the share of median income needed for a monthly mortgage payment on a typical home in the United States increased to …

Real Estate

Do rent controls work?

The idea of allowing governments to set limits on the rents that can be charged by landlords strikes many people as a sensible way to address …

Housing

Housing debt 'very much like an avalanche': Charter Hall's Cedric Fuchs

A founding member of one of Australia's biggest real estate fund managers Charter Hall's Cedric Fuchs has warned of serious vulnerabilities in the …

Interest Rates

Dallas is seeing one of the biggest increases in U.S. home purchase contracts

Dallas has landed on the list of U.S. cities seeing the biggest increase in home purchase contracts this year.<p>The Dallas area ranked fifth among the …

Business