Tag: real estate
Red Hot Housing Market: New Home Sales Jump 4.3%
(Associated Press) Demand for new homes in the U.S. surged 4.3% in January with the housing market still one of the strongest segments of...
Fleeing New Yorkers Squeeze Surrounding Housing Markets
(Associated Press) Angel Garcia, a single father approved for a mortgage loan of $300,000, had high hopes in early 2020 of finding a house...
Mortgage Rates Set to Rise as Treasury Yields Surge
(Associated Press) The long period of record-low rates on home loans could soon be over.
Long-term bond yields, which can influence interest rates on mortgages...
Home Prices Rise at Fastest Pace in More Than 6 Years
(Associated Press) U.S. home prices jumped in October by the most in more than six years as a pandemic-fueled buying rush drives the number...
Mostly Vacant Hotels Drive Destruction of Commercial Real Estate Values
(Economic Policy Journal) Commercial properties hit by the economic effects of coronavirus related lockdowns could have lost one-quarter of their value or more, reports the Financial Times.
Properties...
Sales of New Homes Surge; Mortgage Rates Tick Up
(Associated Press) The market for newly constructed homes in the U.S. continued its upward climb in August, despite the ongoing pandemic and lingering worries...
US Home Sales Spike an Unprecedented 24.7% in July
(Associated Press) U.S. home sales rose an unprecedented 24.7% in July, extending a rebound in June after the coronavirus pandemic all but froze the...
Home Prices Climb to Record in Pandemic as Buyers Seek Space
(Associated Press) A renter most of his adult life, Clarence Swann became fearful that landlords would use the coronavirus pandemic as an excuse to...
Trump: Repeal of Obama Housing Rule Will Boost Home Prices, Lower...
(The Hill) President Trump claimed Wednesday that his recent decision to replace an Obama administration rule targeting racial housing discrimination would boost suburban housing prices...
Housing Market Heats Up; Cruise Industry in Murky Waters
(Associated Press) The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to...
