Socialist NYC Mayor Zohan Mamdani appointed Cea Weaver to lead the city's Office to Protect Tenants. Weaver believes that homeownership is inherently racist and must be reformed into "a world in which the housing is owned by a collective."
Institutional investors own less than one percent of single-family homes, and their impact on prices is modest. New evidence suggests their presence may reduce rents.
Panic sets in as revealing map shows only SEVEN metro areas across the entire United States are sellers' markets... while all the rest are set to see house prices tumble
To the world, Canada is the polite, stable neighbor of the US. But the truth is much darker. Canada has transformed from a productive G7 nation into a massive real estate hedge fund attached to a resource colony.
Home prices in America's largest 20 cities surged 0.32% MoM in October (far higher than the +0.1% MoM move expected) but for context, this is the weakest annual home price growth since the March through July 2023 period, when the market was absorbing
Tom Bilyeu breaks down how policies, generational incentives, and corporate interests over decades have converged to create the least affordable housing market in generations.
With mortgage rates tumbling, housing market participants have been disappointed by the lack of enthusiasm by homebuyers to apply for mortgages (though there was a decent bounce in refi activity)...