Tag: real estate
Credit Rating Agency Warns Recession Could Trigger Property Tax Hikes
(The Center Square) Fitch Ratings said Friday that the outlook for state and local governments was "deteriorating" and an expected recession could put pressure...
U.S. Home Prices Continue to Soften in September
(The Center Square) Home prices slowed in September as higher mortgage rates continued to weaken demand, according to a leading measure of U.S. single-family...
Airbnb Aims to Convince More People to Rent Out Their Homes
(AP) Convinced that the boom in leisure travel is permanent, Airbnb aims to expand its listings by convincing more people to turn their homes...
Economist Warns that Housing Market ‘Is About to Fall off a...
(Molly Bruns, Headline USA) Ian Shepherdson, chief economist of Pantheon Macroeconomics, predicted that the price of residential homes could fall by a maximum of 20% in 2023,...
Can Granny Flats Make California Affordable?
(Laura Williams, American Institute for Economic Research) In the United States, zoning laws are overwhelmingly local concerns, though heavily influenced by federal pressures like lending...
Existing Home Sales Fall Again
(Robert Hughes, American Institute for Economic Research) Sales of existing homes sank another 1.5 percent in September, to a 4.71 million seasonally adjusted annual...
Home Buyers Face Jaw-Dropping Spike in Mortgage Rates
(Daily Caller News Foundation) Mortgages have hit their highest rates in decades, with the 30-year fixed interest mortgage rate surpassing 7% for the first...
Bank of America: White Americans Ineligible for Nothing-Down Mortgages
(Steve Cortes) A company with a name like Bank of America which employs a patriotic, US flag-themed corporate logo, might be expected to champion...
3 Reasons NOT to Tap Your Home Equity Right Now
(Liz Weston, NerdWallet) Soaring real estate values mean many homeowners are awash in equity — the difference between what they owe and what their...
Amid Housing Crises Vacation Towns Limit Short-Term Rentals
(AP) In the Colorado ski town of Steamboat Springs, motels line the freeway, once filled with tourists eager to pitch down the slopes or...
