
The Collapse Of U.S. Home Sales Is Here
• The Economic Collapse Blog - Michale SnyderThis is a very difficult time for real estate agents and homeowners that are trying to sell their homes.
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This is a very difficult time for real estate agents and homeowners that are trying to sell their homes.
Following an unexpectedly large jump in February (biggest in a year), existing home sales were expected to drop significantly in March, and they did.
Sales are down 50% from pandemic peak, and are 30% below the long-term average for March. There's a narrative building in Florida that somehow Miami won't be impacted by this housing downturn. And that narrative is likely wrong.
The red-hot housing market is starting to cool -- and, in some cities, prices are already dropping.
Amid persistently high interest rates and economic strain, foreclosure filings surged in the first quarter of 2025, marking a sharp reversal after three consecutive quarters of decline.
Homebuilders had another miserable month but permits jumped 15.8 percent.
A new study ranks the best states for house flipping, using data on sale prices, remodeling costs, sales volume, and time on market.
NYC's infamous 'Range Rover' squatter finds new home -- in prison -- for taking over woman's $1M family house
Meanwhile, city officials diverted resources to demolish a 20-year-old family treehouse over permit violations, sparking outrage among homeowners who say the government's priorities are catastrophically misplaced.
Something strange is happening in the housing market. Prices are still near record highs, but sales are drying up, and inventory is piling up in key markets like Miami. The eerie similarities to 2005-2007 are impossible to ignore.
American citizens have taken a back seat to illegal immigrants for too long...
The LA fired burned down 12,000 structures and 150,000 people were displaced. The Los Angeles County Board of Supervisors signed into law a moratorium on evictions for tenants affected...
The LA fired burned down 12,000 structures and 150,000 people were displaced.
History tells us that when Buffett stockpiles cash, a market meltdown often follows. Could we be on the verge of another 2008-style crash?
The US government is currently stopping over 1,000,000 defaulted mortgages from going to foreclosure under the FHA mortgage program. The result is another Subprime Housing Bubble, one that could cause huge declines in home prices around the US if it'
A proposed budget shortfall could remove rental aid for 283,000 households under the Section 8 Housing Choice Voucher Program. HUD needs a $4.3B increase to maintain current service levels.
The choice is simple: housing is either shelter for citizens, or it's just another interchangeable speculative asset in the global financialization casino. It can't be both.
Homebuilder inventory of started and completed homes is soaring but sales are weak.
New home sales have been mostly sideways at a weak level, in a choppy fashion.
Completing the triumvirate of turmoil in the US housing market, pending home sales joined new- and existing-home sales prints with a big decline in January.
Credit agency Equifax reports more than 11,000 mortgages in the province missing at least a payment in the fourth quarter of 2024, nearly three times the number seen in 2022.
The governor of Florida – Ron DeSantis – says he wants to end the most odious of all taxes, that applied as rent which a "homeowner" must pay in order to avoid being evicted from what isn't his home – even if he paid off the mortgage –
Once you spend an hour or so unfolding it, the origami house measures 19 ft by 19 ft with a 10-ft 9-in rooftop (5.8 x 5.8 x 3.3 m). Inside, you'll find a spacious 9.5-ft (2.9-m) ceiling; slightly taller than your average brick-and-stick home, giving
Boxabl's latest tiny home creation, the Baby Box, is an ultra-compact, foldable tiny home. According to Boxabl's website, for a US$19,999 introductory price (which will go up another 10 grand later), you can buy this 120-sq-ft (11.15-sq-m) turnkey ho
Following unexpected surges in new- and existing-home-sales, pending home sales in the US plunged 5.5% MoM in December (vs 0.0% exp and below all estimates), dragging the total sales down 2.9% YoY (vs +4.2% exp)...
Sales of new US homes ended 2024 on a high note in December as customers took advantage of incentives from builders, leading to a second straight year of increased purchases.
In a quest to offer portability while maximizing floorspace, we've seen tiny houses that can pop out, expand upwards, and even take off their roof.
Real estate star gives grim prediction for the future of LA as he reveals why homeowners will NEVER return after fires
As 3D-printed architecture continues to mature from niche proposition to disruptive technology, housing developments are beginning to roll out worldwide.
'Renter Nation' Returns: Trump Victory Sparks Massive Surge In Multi-Family Unit Starts In December