Real Estate

Homebuilders’ Gloom Deepens on US Recession Risk, Soaring Rates

Rising mortgage rates and softening housing demand are casting a shadow over homebuilding stocks.

New Home Sales Plunge in April

New home sales dropped for the fourth straight month in April, offering up another sign that the housing market is starting to slow.

Another Housing Bubble? ‘We’re Skating Close to One,’ Says Realtor.com Economist

This might be the hottest housing market ever recorded. Over the past 12 months, U.S. home prices are up a staggering 19.2%.

U.S. Homebuyers Are Getting Discouraged by Rising Rates and Prices

Potential homebuyers are getting discouraged by rising mortgage rates and home prices, according to a survey released by the New York Fed Reserve.

Mortgage Rates Hit 5%, An 11-Year High

Mortgage rates hit 5% this week, the highest level since February 2011, continuing a stunning ascent since the start of 2022.

Jamie Dimon to Work-From-Homers: You win

In blow to office landlords, JPMorgan Chase CEO gives in to remote work.

Do Rising Mortgage Rates Make Homes Unaffordable?

Mortgage rates hit an almost three-year high this week, and home prices have soared during the pandemic.