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Alena BotrosFortune |
But Vinod Khosla’s dealing with his own housing woes, and has been for years.
Luxury-home prices rose more than twice as fast as non-luxury homes, and still their sales jumped compared to typical homes, according to Redfin.
The top three metropolitan areas for renters are Austin, Oklahoma City, and Birmingham.
Last month saw more in-contract sales canceled than any June on record, according to Redfin.
Harris took a big risk walking away from a national settlement in the aftermath of the Great Financial Crisis, and it could make the case for how...
Before the pandemic, new homes were $15 to $22 more expensive than existing homes per square foot. In May, new homes were $3.50 cheaper than existing...
Markets being what they are, “the simple act of the Fed cutting is not necessarily going to have a direct impact on mortgage rates,” Zelman &...
In a rare bit of good news, mortgage rates are the lowest they’ve been in months.
In some ways the housing market is beginning to feel more like it did before the pandemic.
Swing states “have not been immune to the affordability crunch the country has been facing for the last several years,” Redfin’s senior...
On the back of last week’s inflation reading, mortgage rates dropped to their lowest level since early spring.
“The months long slowdown in the rental market appears to be leveling off as the busy summer season kicks off,” according to Zillow.
But sales were way down, so the “pie was much smaller,” according to Realtor.com.
Mortgage rates won’t be going back down to the historical lows seen throughout the pandemic, the National Association of Realtors’ chief economist...
“Property owners might start jacking up rents again once all of the new apartments hitting the market fill up with tenants and there’s no longer...
Mortgage applications and sales are weak, to say the least, off the back of dampening demand.
Home prices rose at levels never seen before, and while the market is cooling down, housing costs are still beyond what people can afford, the Obama...
“The slow bleed occurring in the office sector has led to a steady rise in the vacancy rate as permanent shifts in working behavior have outlasted...
“They are able to navigate these higher prices without as much of a ramification,” Realtor.com’s chief economist recently said.
Trump seemed to be aiming for a Reaganesque economic revival in his reelection bid during the CNN debate against President Joe Biden.
One small landlord told Fortune his insurance and taxes went up between $600 and $700 a month for a property in Fort Lauderdale.
For the first time in close to a year, the pace of annual home price inflation dipped. Still, home prices and mortgage rates are considerably higher...
“These pandemic boomtowns, they just got way too expensive over the last two or three years,” chief executive of Reventure Consulting and...
“That’d be marketing magic, and would tell the world that mortgage rates are at a level where they should go and grab a property,” Compass...
In Los Angeles, a median-income household would need to put roughly 80% down to afford a typical home and its monthly payments in the city, according...
“While Trump has boasted about rolling back the rights of women, Biden understands that the future of our country depends on them,” French Gates...
Nearly one in four homeowners are now “stretched worryingly thin,” states a new Harvard University report.
“A drop in mortgage rates would bring both buyers and sellers back to the market, which could either accelerate price growth or pull it back,” a...
“Many homeowners have chosen to stay put, holding off on listing their home for sale until mortgage rates come down,” Realtor.com said.
There are some “affordability havens” for now, though.
“Home sellers are returning to the market but finding buyers hesitating,” Zillow’s chief economist wrote in a monthly housing report.
Housing markets in Texas and Florida were once all the rage, so their home prices and rents soared, but now they’re falling in this very different...
The country's median asking rent hit its highest point in almost two years, but there’s a ton of variation nationwide.
Capital Economics says “mortgage demand and sales activity won’t recover until rates fall meaningfully below 7%.” The research firm only expects...
“This is my problem with Powell,” Sternlicht said. “His policy has now crushed multifamily starts; we need houses.”
United Wholesale Mortgage announced a 0% down program last month, and since then it’s been all the rage, but people are split: Does it eliminate a...
The cost of starter homes has risen twice as fast as incomes, a Redfin economist said.
A lot of people can’t afford to buy a home right now, so they’re forced to rent.
Unaffordable housing costs are partly to blame; home prices have risen more than 40% since before the pandemic, according to a newly released Redfin...
Scarcity is breeding soaring prices and buyers are outpacing listings, data shows.
Yet, Federal Reserve Bank of Minneapolis President Neel Kashkari recently refused to rule out interest rate hikes.
“We’ve witnessed records repeatedly break in both stock and housing markets over the past year,” one analyst said.
“Opponents of the Fair Share Amendment claimed that multi-millionaires would flee Massachusetts rather than pay the new tax, and they are being...
Weekly mortgage rates just fell below 7%, a “milestone” in the housing world, according to Redfin’s Glenn Kelman.
“When you can’t afford health care, you’re not buying your prescriptions, you’re delaying the delivery of care, you’re not making...
“We are increasingly moving from patient to consumer, and consumers hold a tremendous amount of power,” Liana Douillet Guzmán said at Fortune's...
The $30 billion global fertility industry overwhelmingly caters to women—but that's changing.
“They’re unable to gather and understand information and apply it to improve their health,” Dr. Michelle Gourdine said at Fortune’s Brainstorm...
"I’m here to tell you folks that the headlines are real for office," CBRE's Julie Ingersoll told the Fortune Future of Finance conference about the...
In the first quarter, investor purchases rose for the first time in almost two years, according to Redfin.
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