housing market

Hot Housing Market Cooling? Sell Now, But Prepare for Price Negotiation

The ideal time to sell for homeowners planning to sell this year is still in the spring, but you might want to modify your expectations.

Housing Affordability Hits Rock Bottom, Economist Says

Remember the days when snagging your dream home was as simple as saving up for a down payment and signing on the dotted line? Well, those days seem to be tucked away in our grandparents' photo albums, next to pictures of $0.25 gas and milk delivered to your doorstep. Today's housing market paints a starkly different picture, one where "affordability has just totally collapsed," according to economists and recent studies.

The Rent is Too Damn High? Let Them Eat Cake

As the concentration of global wealth ends up in fewer hands, the rich continue getting richer as the poor continue getting poorer.

Navigating the Big Apple: Managing NYC's High Cost of Living

The cost of living in NYC is notorious for being high, often leaving newcomers wondering if they can afford to make the big move. Living in New York City offers a unique experience but comes with a hefty price tag. As we delve into the actual cost of living in the Big Apple in 2024, we'll explore how it compares to the national average and uncover the intricacies that make this city one of the most expensive in the world.

31% of Americans Expect Mortgage Rates to Fall in 2024, Boosting Housing Sentiment

According to a new Fannie Mae study, more Americans than ever before believe that mortgage rates will drop this year. December had a more positive attitude than November, with 31% of consumers expressing the idea that borrowing prices for house loans will fall over the following 12 months.

Sydney home prices drop for the second month

Sydney home prices fell for the second-consecutive month. The market also recorded its worst quarter in four years as a regulatory crackdown pushed up mortgage rates causing weak demand in the housing sector.

Despite growth in lending, UK mortgage approvals dive down

The UK property market witnessed unexpected fall in approvals in September while net mortgage lending grew encouragingly. The housing market is still showing undercurrent potential as house-price growth is picking up in the current month.

Blackstone to acquire Manhattan's Stuyvesant Town for $5.3 Billion

Blackstone Group LP is nearing a deal to acquire the Manhattan's Stuyvesant Town for $5.3 billion and ending the housing crisis there. The company is set to sign a deal with the Mayor, Bill de Blasio and CWCapital this Tuesday

Mixed news regarding the economy ultimately leads to rising U.S. stocks

Two market forces acting on opposite ends of the economy ultimately lead to rising U.S. stocks. The rate of manufacturing slowing down within the state has plunged to near historic levels while the world was caught by surprise as China's yuan was devalued last week.

Latest Stories

Tight Grad Market? Here's How to Get Hired (On a Budget!)

A survey from the National Association of Colleges and Employers states that employers intend to recruit 5.8% fewer recent college graduates from this year's class than they did from the class of 2023.

Build Lasting Wealth with These Expert-Backed Passive Income Idea

There are still some proven passive income techniques available that yield positive results.

Dow Unexpectedly Soars to 40,000, Marking the Highest for Wall Street

The Dow just reached 40,000 for the first time, marking the latest high point in an unexpectedly successful year for Wall Street.

Sustainable Investing Made Easy: Low-Cost ESG Fund Options for May 2024

Regular investors continue to desire ESG funds, despite some opponents labeling them as "woke" investing. These funds consider a portfolio's firms' financial fundamentals in addition to their environmental, social, and governance considerations.

Walmart Stock Up by 7%, Forecast Hints at Continued Buying Power

In accordance with prior comments made by one of its major suppliers and a competitor retailer, Walmart's optimistic outlook for the retail industry on Thursday indicated a solid consumer base in the United States.

Must Read

Brothers Arrested After Planning to Steal $25M in Cryptocurrencies from Ethereum Blockchain

According to a recently released indictment, two brothers from New York and Boston were placed under federal arrest on Tuesday.

Don’t Sweat the Bills: Resources to Help You Pay for Utilities

The most recent data from the Consumer Price Index shows that, from March 2023 to March 2024, the index for electricity increased by 5%, which is more than economists would want to see. (Electricity rates increased by 0.9% from February to March 2024.)

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