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Higher interest rates, inflation weigh down housing market


Affordability challenges impacting demand Joel Kan, an economist for the MBA, said purchase activity declined for both conventional and government loans as the weakening economic outlook, high inflation and persistent affordability challenges are impacting buyer demand. ... Steep price gains coupled with higher mortgage rates have also created an affordability ceiling, according to George Ratiu, manager of economic research at Realtor.com. "...

Home sales plunged for the fifth month in a row in June


“Falling house affordability continues to take a toll on potential home buyers,” said NAR Chief Economist Lawrence Yun. ... Yun noted that plunging affordability is clearly the main reason why fewer homes are being sold. "...

Housing bubble about to burst? Mortgage applications crash to 22-year low as monthly payments skyrocket


America has basically become an overpriced third world country (but without the social cohesion) Meanwhile, the raw affordability of new homes in the United States has reached a new record low. ... This worsening affordability is especially hard on prospective first-time buyers. "...

LoanDepot to sack 2,000 more workers as mortgage market collapses


Collapsing mortgage market generates housing affordability crisis Increasing prices of homes and rising mortgage rates have generated a housing affordability crisis in America. "...

Far-left New York Times says American middle class needs to sacrifice clean, safe suburbs to make way for illegal aliens


In a recent editorial entitled, “A New Approach on Housing Affordability,” those who run the Times attempt to make the case that it’s high time for average American citizens who’ve done pretty good for themselves to change their entire way of life for the benefit of poor “immigrants” who can’t afford to live in the same nice neighborhoods. "...

'Prep With Mike' video highlights folding rifle/pistols for self-defense in top-level gear review


“If Sig would just have better availability and a little more affordability, I think that would be great,” Adams said. "...

Seattle bureaucrats seek to ban single-family homes, calling them 'racist'


"The Council and I created the HALA process because our city is facing a housing affordability crisis," Murray said. "In the weeks since the HALA recommendations were released, sensationalized reporting by a few media outlets has created a significant distraction and derailed the conversation that we need to have on affordability and equity." "...

Americans shift food shopping to DOLLAR STORES as their last desperate strategy before mass famine... and REVOLT


As reported by SHTFplan.com , half the nation is already cutting back on food purchases, hitting a brick wall of non-affordability. "...

Biden advisor on outrageous gas prices: "This is about the future of the Liberal World Order and we have to stand firm" [VIDEO]


And it is not about affordability for either group. This comes after Biden stated that US drivers will pay a premium at the pump for “As long as it takes.” "...

Fewer Americans are buying homes due to worsening inflation


Rubeela Farooqi, the chief economist at High-Frequency Economics, said in a report that the prices remain excessively high and are impacting affordability. "...

This is why you're still broke: Obamacare alone is sucking away 10% of Americans' incomes


Together with new insurance regulations and a requirement for many to enroll in coverage or pay a penalty, these affordability provisions were intended to substantially reduce the number of uninsured. In recent months, however, an increasing number of voices have drawn attention to high deductibles and out-of-pocket costs and the affordability of marketplace insurance in general. "...

Report shows which countries are ready to embrace sustainable energy


The trade-off for such a highly sustainable approach, however, is energy affordability, as shown by European policy debates and consumer dissatisfaction with pricing. Very few countries have scored well on all three sides of the energy triangle, indicating the nations' struggles to balance energy security, sustainability and affordability, and the trade-offs that have to be made in the process. "...

Sugary drink producers drop prices around the world to keep people addicted to their deadly drinks


Sugary drink producers drop prices around the world to keep people addicted to their deadly drinks Tuesday, May 16, 2017 by: Tracey Watson affordability , dementia , diet soda , obesity , soda , stroke , sugary drinks - (Natural News ) It’s a basic tenet of business that with the passage of time a product’s price will have to increase to keep pace with inflation, right? ... Sources: MedicalXpress.com CDC.gov Stroke.AHAJournals.org Previous :Latest global warming journo-terrorism scare story: ...

Millions of Americans pushed out of the housing market as prices soar


While a majority of American adults still view homeownership as a top hallmark of success, most say that affordability is the main reason they hadn’t purchased a home yet. "...

New research suggests ONE THIRD of American households are food insecure, with limited access to healthy food


Affordability and availability are big factors While part of the problem is affordability, another factor is availability. "...

Average rent prices in the US surpass $2,000 amid inflation and rising mortgage interest rates


Although analysts expect rent-price growth to slow down in the coming months, it will likely remain high, which could cause ongoing affordability issues for renters. "...

Stock up now: Bank of England governor warns of apocalyptic food shortages


There’s a serious risk of food prices going up and spiraling out of affordability that could lead to more hunger,” she said. "...

Lumber prices fall as rising interest rates affect housing industry


Last week, the average rate on a 30-year fixed-rate mortgage was 5.1 percent, up from 3.1 percent at the beginning of the year, which further strained affordability. "...

Here it comes: All signs point to Housing Bubble 2.0 amid widening price, income gap


Thus, during the pandemic, affordability for households in the income bracket $75,000-$100,000 dropped by 7 percentage points.” "...

Chia seeds are the ultimate survival food for long-term storage


I want my storable food to be free of all that. 3) Multitude of uses: I want the food to be usable in a variety of different recipes so that it never gets boring. 4) Affordability: It needs to be affordable per ounce, so that it doesn't cost a fortune to stock up. 5) Shelf life: It needs to store for years without requiring any special attention. 6) Allergens: The food needs to be free of common allergens like gluten and soy. 7) Taste: It needs to taste good! ... Chia is one of the most ...