Tens of Millions of U.S. Properties Face Wildfire Risk, New Study Says
Estimates show one in five single-family homes in U.S. is at risk of being in a wildfire over the next 30 years Almost 80 million U.S. residential and commercial properties…
American household debt continues to march higher, driven by one major factor, New York Fed says
Total household debt increased by $266 billion in the first quarter of 2022, the New York Federal Reserve said Tuesday American households’ debt continued to increase in the first quarter…
Rising mortgage rates force US homebuyers to stretch their budgets
Americans are stretching their budgets to buy new homes, hustling to strike deals quickly to avoid higher mortgage financing costs later, according to the latest industry data. Lenders and realtors…
Zillow Stock Tumbles After Selling More Homes Than Expected. Here’s Why.
Faster-than-expected home sales in Zillow’s iBuying business contributed to first-quarter revenue that surpassed forecasts. But the company expects macroeconomic housing market trends to hit in the second quarter. Shares of…
4 economists and real estate pros on what to expect from home prices
Home prices have been on a rapid ascent: Depending on which gauge you look at, US home prices have been rising at a pace of 15% to 20% a year.…
‘New homes are likely a viable choice for fewer first-time home buyers.’ New-home sales dip as affordability worsens
The numbers: U.S. new-home sales decreased 8.6% to an annual rate of 763,000 in March, the government said Tuesday. That figure represents the quantity of homes that would be sold…