All posts tagged with Housing Market
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-(Natural News) Costs of homes have skyrocketed in most parts of the United States, pushing millions of Americans out of the housing market, as per Harvard University‘s annual State of the Nation Housing Report. At today’s home prices, a first-time buyer would have to shell out $27,400 or seven percent of the home sales price as […]
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-(Natural News) Mortgage rates have surged this week as fears of the Federal Reserve enacting more aggressive interest rate increases upset American financial markets. According to Mortgage News Daily (MND), the average rate on 30-year fixed mortgages, the most popular kind of mortgage in America today, rose by 10 basis points to 6.28 percent on Tuesday, June […]
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-(Natural News) Many home sellers are cutting their prices as the housing market finally cools off following a scorching pandemic run. Nearly one in five sellers reduced prices during the four week period that ended May 22, real estate brokerage Redfin Corp. said in a report. That represents the highest rate of home sellers reducing their prices since October […]
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-(Natural News) When the U.S. housing market collapsed in 2007, causing a similar near-collapse of the U.S. financial system — which in turn led to a massive global “Great Recession” — our leaders pledged to never allow such market conditions to repeat themselves. And yet here we are, less than 15 years later, and market […]
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-(Natural News) There is a reason why our founders abhorred a strong federal government with its own bank: Allowing centralized control over the country’s financial system would lead to greed, ineptitude, and disaster. The Federal Reserve either refused to step in ahead of time or did not see the 2007 housing and financial collapse coming […]
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-(Natural News) Home prices has skyrocketed during the pandemic, hitting an all-time high by late 2021 and plateaued at a 20 percent year-on-year rate. Now, Redfin analyst Tim Ellis shared early indicators of homebuyer activity faltering as mortgage rates shot up above five percent, pushing demand lower and leaving sellers to follow with more price cuts. Early-stage […]
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-(Natural News) The runaway inflation caused by President Joe Biden’s disastrous economic policies is making it more difficult for Americans to pay rent. The median rent in most of America has surged by nearly 20 percent. This information is according to an analysis of rental properties listed on the website of real estate company Realtor.com. […]
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-(Natural News) To be sure, this isn’t what you would call bona fide financial advice — we don’t give that here — but it is a warning if you are a property owner and you have been thinking about selling. Now might be the perfect time to do that, while you still can. According to The […]
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-(Natural News) Real estate website Zillow reported losses of up to $1.4 billion on flipping houses since 2019 and had to lay off a quarter of its staff members as stock prices plunge. The company reported that it bought 9,680 houses in the third quarter of the year but sold only 3,032 of them. They […]
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-(Natural News) Sales of newly built homes plunged to their lowest level in June 2021, data from the U.S. Census Bureau (USCB) revealed. A July 26 statement by the USCB said new home sales dropped to 676,000 in that month. This was the lowest number of home sales recorded by the USCB since the beginning […]
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