Browsing: housing prices
‘Housing has hit rock bottom’: Top real estate CEO says high home prices are shutting people out of the market
Housing is complicated, but one thing is clear: It’s hard to buy a home right now. Let me paint a…
Crypto bros eager to buy homes lifted prices as the wealth effect from tokens spilled over to some housing markets, study says
It’s an oft-told anecdote littering social media: Those who invested early in cryptocurrencies have enjoyed life-changing wealth. How much that…
Nearly half of all baby boomers couldn’t afford their current homes if they were to buy them today, survey finds
Home prices have doubled over the past decade, rising almost 50% in the last five years alone. And the cost…
Chris Pratt’s decision to demo a historic home he bought for $12.5 million last year has ignited public outrage: He has ‘more money than taste’
Hollywood actor Chris Pratt, best known for his roles in the sitcom Parks and Recreation and Marvel’s Guardians of the…
The cost of owning a home is officially the highest on record, Redfin says. Here’s how bad it is out there
The average 30-year fixed mortgage rate reached 7.50% this week, the highest all year. It’s because of a “hotter-than-expected inflation…
Home prices skyrocketed 40% during the pandemic—but Zillow sees them rising less than 2% this year
In roughly two years during the pandemic housing boom, home prices rose more than 40%. Since then, home prices continued…
State Street, with $3.6 trillion in assets, is counting on the Fed to slash interest rates—’The overall inflation picture supports a cut,’ CIO says
State Street Global Advisors is standing by a contrarian call for the Federal Reserve to cut interest rate as soon…
Housing is unaffordable for too many Americans, and stricter regulations mean higher costs, Atlanta Fed president says
The housing affordability crisis has no easy solutions, but research has shown a tight correlation between tougher land-use regulations and…
Usually you make some money when you sell your home. It’s a different story for some San Francisco sellers. Almost…
Some first-time homebuyers in California are about to get some much needed help from the state. This year’s version of…