Economy

New Data Reveals a Crash Not Seen Since Great Depression Could Hit in 2024

Economy, Investments / By

Published by FOX Business | October 5, 2023 If the White House and Congress don’t cut spending soon, the results could be catastrophic As the White House continues to tout the alleged achievements of the president’s “Bidenomics” agenda, a growing amount of data indicates that a gigantic economic crisis could be right around the corner. Most disturbingly, …

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First-Time Homebuyers Face Another Obstacle: Student Loan Repayments

Covid-19, Economy, Residential / By

The resumption of monthly debt repayments looming on the horizon for younger adults coincides with that point in their lives when they’re most likely to be shopping for homes. Published by REALTOR.com | September 28, 2023 On Oct. 1, millions of Americans faced the harsh reality of having to resume student loan payments after a …

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Breitbart: Home Prices ‘Unaffordable’ for Average Americans

Economy, Housing Market, Residential / By

Published by Breitbart News | September 29, 2023 Average Americans cannot afford to buy a home in a growing number of communities across the United States, according to a report released by real estate data provider ATTOM. The report, CBS News noted, details how researchers analyzed 575 United States counties last year and found that 99 …

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Confused by the Housing Market? You’re Not Alone!

Economy, Housing Market / By

Published by REALTOR.com | September 25, 2023 Many factors are at work keeping both prices and mortgage rates high—and homebuyers frustrated. Lately, the housing market just seems to defy logic. Mortgage rates refuse to come back down, contrary to the predictions of experts. Home prices continue to rise despite those high rates. And all of …

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12 Ways to Adapt Your Rental Property During a Recession

Economy, Rental Property / By

Published by ThinkRealty | September 13, 2021 Investors who plan ahead and implement some basic strategies during periods of economic abundance have a better chance of their rental properties surviving even a prolonged recession. The world of real estate investing is exciting but incredibly unpredictable. You might be riding the high of favorable returns one …

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Middle Class Families Face Homelessness Crisis As Evictions And Foreclosures Hit Record Levels

Economy, Foreclosure, Residential / By

Published by Whatfinger News | September 13, 2023 The United States just faced the highest spike in homelessness rates on record, and that’s directly tied to the decline of the American middle class. New numbers suggest that middle-income families are the hardest hit by the ongoing housing crisis. Right now, the number of evictions and …

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‘Shark Tank’ Star Kevin O’Leary Warns Soaring Interest Rates Will Cause ‘Real Chaos’ For U.S. Economy

Economy, Housing Market, Interest Rates / By

Published by FOX Business | August 27, 2023 Kevin O’Leary predicts the ‘very short term’ mayhem will begin this fall “Shark Tank” investor Kevin O’Leary revealed the cold hard truth on America’s housing market, Tuesday, warning that September will be the start of “real chaos” for the U.S. economy. “This was inevitable. We talked about …

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Worried About a Recession? A Soft Landing Could Actually Be Very Bad for the Housing Market

Economy, Housing Market, Residential / By

Published by REALTOR.com | August 21, 2023 Optimism is building that the economy might avert a recession. The odds are shifting in favor of the U.S. Federal Reserve achieving its goal of bringing down inflation through interest rate hikes without plunging the nation into a downturn—at least for now. But is a soft landing good for the …

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The Four U.S. Cities Facing The Biggest Housing Shortages

Economy, Housing Market, Residential / By

Published by FOX Business | August 10, 2023 San Antonio, Dallas, Orlando among US cities facing major housing shortage Prospective homebuyers across the U.S. are facing a chronic shortage of available houses, but the scarcity is worse in some parts of the country, according to new Bank of America research. The analysis found four cities are …

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5 Strategies for Real Estate Investors to Survive (and Thrive) Amid Rising Interest Rates

Economy, Interest Rates, Investments / By

Published by Entrepreneur Magazine | May 30, 2023 Rising real estate interest rates are not a reason to stress — they are an opportunity to invest. The sudden spike in interest rates has undoubtedly created a challenging environment for those involved in real estate investment. Nevertheless, it is crucial not to succumb to worry as …

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