Written by Tod Snodgrass | May 27, 2022 70% of all U.S. adults are living paycheck to paycheck during these inflationary times The pandemic-related housing boom—which has seen home prices in the US soar almost 20% over the past year—apparently is finally losing some of its steam. Rising average mortgage rates, which have climbed from 3.11% …
Published by FOX Business | May 24, 2022 Sales of new single-family houses in the U.S. dropped significantly more than expected in April to the lowest level in two years. Sales of new single-family houses in the U.S. dropped significantly more than expected last month to the lowest level in two years as rising construction …
Published by FOX Business | May 20, 2022 Stagflation is the combination of economic stagnation and high inflation, characterized by soaring consumer prices as well as high unemployment. Soaring consumer prices, supply chain shocks, rising energy costs and a hawkish Federal Reserve determined to bring inflation under control: These are the worrisome attributes of the U.S. economy that have …
What is Stagflation? Why Economists Are Worrying About a 1970s-style Catastrophe Read More »
Published by CNBC Real Estate | May 16, 2022 New technology from a Brooklyn-based nonprofit, First Street Foundation, is mapping the threat with house-by-house specificity. Raging New Mexico and California wildfires may offer an ominous outlook for a growing swath of America, and not just in the West. Wildfire risk is increasing and its destruction …
Every Home in America Has a Wildfire Threat Score; Some Areas See 200% Jump in Risk Read More »
Published by Forbes.com | May 13, 2022 Major red flags that come up during the inspection could make you reconsider buying, or even nullify the contract (depending on your contingencies)—that’s why inspections can be stressful for both the buyer and the seller. So, you found the perfect home (nice!) and you put in an offer …
5 Things That Should Happen During A Home Inspection Read More »
Published by Forbes.com | May 5, 2022 NAR calculates purchasing a home is now 55% more expensive than a year ago. Two years after enduring the devastating financial impacts of Covid-19, the U.S. economy has made an impressive comeback, in large part due to a booming housing market. But as Lawrence Yun, chief economist for …
Chief Economist For NAR Predicts Uncertainty For Housing Market Read More »
Published by Forbes.com | May 11, 2022 The decrease in value of commercial property has forced many owners to restructure their debt. The COVID-19 pandemic has had a dramatic impact on commercial real estate values, and in some cases resulted in property no longer being able to support the debt with which it is encumbered. …
The Tax Break Commercial Real Estate Investors Might Need After Covid-19 Read More »
Published by Breitbart | May 9, 2022 President Joe Biden is importing many refugees who are too poor and unskilled to afford decent housing, according to media reports. At least 100 Afghan refugee families who were dropped off in California are still living in hotels, according to a May 8 report in Spectrum News 1. …
Joe Biden’s Agencies Spike Housing Problems with More Refugees Read More »
Published by CNBC | May 5, 2022 Bank regulators on Thursday proposed the first sweeping changes in more than 25 years to a controversial law aimed at increasing lending to low- and moderate-income communities. The changes would tailor the Community Reinvestment Act’s approach to making sure banks are not engaging in “redlining,” or refusing to …
Regulators Propose First Major Revamp to Fair Housing Rules Since 1995 Read More »
Published by CNBC | May 4, 2022 Just 30% of adults surveyed by Gallup said now is a good time to buy, down 23 percentage points from a year ago. It is not exactly surprising, given the stunning jumps in both home prices and mortgage rates, but Americans have never been more bearish on buying …
More Americans Than Ever Say it’s Not a Good Time to Buy a Home Read More »
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