U.S. and China commercial property face headwinds
Commercial real estate markets in the U.S. and China are economic pain points to monitor in a higher-for-longer rate environment,...
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Will House Prices Drop in 2024? Morgan Stanley Updates Prediction
Morgan Stanley, one of the biggest investment banks in the world, has changed its expectations for house price changes in...
The commercial real estate crunch is so bad that $80 billion worth of property is now in distress—a 10-year high
Skyscrapers on 3rd Avenue in Midtown Manhattan. Getty Images The value of distressed US commercial real estate neared $80 billion...
Wildfires are dealing a massive blow to US real estate and homeownership, congressional report finds
CNN — Climate change-fueled wildfires are costing the US economy between $394 billion to $893 billion annually, a new congressional...
U.S. cities where home prices rose the most in the last year
Home prices continue to increase in most major U.S. cities, even as rising mortgage costs have discouraged buyers, a Realtor.com report finds.The price gains are most felt in Greater Los Angeles, where home prices increased 23.8% over the 12 months ending in September 2023, according to Realtor.com data released Thursday.In that time, the median home price in the 50 largest metros increased by a median of 5.76%, with only a handful of cities posting declines. The steepest decline was in San Antonio, where home prices fell by 2.8%.The following metro...
Housing market is so expensive now that income would have to jump 55% to make buying ‘affordable’
There’s one undeniable fact about the U.S. housing market. It’s just not affordable for the vast majority of potential homebuyers....
Housing market is so expensive now that income would have to jump 55% to make buying ‘affordable’
Rising mortgage rates have made it even more unaffordable for many people to buy homes. Elijah Nouvelage/Bloomberg via Getty Images...
See inside Taylor Swift’s $80M houses, mansions and lofts
Taylor Swift has been dominating the music industry for over a decade. With her albums, her buzzy Eras tour for which...
This Thrilling $25 Million Home Is Built Into a Cliff and Overlooks the Pacific Ocean
Spanning 3,635 square feet, the two-bed, two-bath home is now known as Taktsang Big Sur. Gripping the side of the...
Why Is There A Housing Shortage In The U.S.?
The housing shortage is probably not news to anyone who’s looked to buy a new home recently. According to the...
