After existing home sales declined in April (and mortgage rates rebounded notably), expectations are for the incentive-driven surge in new home sales to slow...
Following March's plunge in building permits (and drop in starts), analysts expected a mixed picture for April with starts lower again but permits unchanged.
After renovating over 400 Airstreams and living for a decade in boats and vehicles Matthew and Joanna Hofmann created their Living Vehicle: a modern mobile home meant for year-round living in extreme weather (-4°F to 120°F) and equipped to go off-g
-made up of people living in RVs, trucks and trailers - along Highway 101 north of San Francisco as low income people are pushed out of the housing market
A home is more than a building and a piece of land. We develop a strong emotional attachment to it that could potentially endanger our lives. Here's how to mitigate the risk.
Starting today, the Federal Housing Finance Agency's mortgage pricing adjustments will increase fees for borrowers with high credit scores while reducing costs for those with subpar credit scores.
Tesla CEO Elon Musk has no shortage of opinions to share on Twitter, from his views on cryptocurrency to claiming that Tesla stock prices are too high.
Amy Nixon steps into the guest host chair in this interview and sits down with housing analyst Nick Gerli to discuss the latest with the US housing market. The discussion focuses in particular on the rising surge in foreclosures, and how they may be
EXCLUSIVE: Republicans write letter to Biden administration threatening to REPEAL new mortgage rule that would 'tax' homeowners with good credit to benefit Americans who don't pay bills on time
"If you have a FICO score of 620, you get a 1.75% discount on your mortgage fees. If you have a 740 score ... you have to pay 1% MORE," reported @TuckerCarlson
.
Homebuyers with good credit scores will soon encounter a costly surprise: a new federal rule forcing them to pay higher mortgage rates and fees to subsidize people with riskier credit ratings who are also in the market to buy houses.
Demand for California's new downpayment assistance program overwhelmed the system and depleted its $300 million budget in less than 12 days, with applications put on pause effective April 7, according to the housing finance agency.
And what happens next? Bubble symmetry: valuations fall at the same rate as they rose, declining back to the starting point over a roughly equivalent time duration.
Wall Street has purchased hundreds of thousands of single-family homes since the Great Recession and by 2030 will control a staggering 40% of U.S. single-family rental homes.
Robert Shiller, the economist who predicted the 2008 Housing Crash, says that now is a BAD TIME to buy a house in 2023. And that home prices will keep declining over the next six months.