Insurance crisis spreads to Florida, southern states
Gov. Ron DeSantis hopes to solve the insurance crisis that has plagued Florida. Louisiana had more than 20 companies collapse or leave because of devastating storms.
New home sales rise for third straight month as mortgage rates fall
December purchases of new homes rose 2.3% as mortgage rates began to normalize, offering hope the housing market is recovering from the Fed rate hikes.
Mortgage rates continue downward trend
Mortgage rates continue cooling off as optimism reigns that the Federal Reserve will loosen its fight on inflation. Home buyers optimistically return to the market.
Market expert predicts a 7% unemployment rate by the end of 2023: ‘That’s recession’
Market expert Mark Tepper breaks down the several economic issues plaguing the U.S.'s housing market and how that could lead to a spike in unemployment.
Still time to save: Today's mortgage rates hold steady | Jan. 26, 2023
Check out the mortgage rates for Jan. 26, 2023, which are unchanged from yesterday.
Mark Tepper makes grim prediction for US housing market in 2023
Strategic Wealth Partners CEO Mark Tepper discusses the weak U.S. housing market and predicts a massive spike in unemployment by the end of 2023.
Higher rent prices become 'new normal': expert
Rent growth slowed in December again. It even marked the fourth consecutive month of single digit increases. However, prices are still well above what they were a year ago, experts say.
White House using one-size-fits-all plan to protect renters at landlords' expense: 'Very frustrating'
American Apartment Owners Association director Alexandra Alvarado criticizes the White House's plan for protecting renters, arguing it hurts mom-and-pop landlords.
Insurance costs skyrocket in several states after severe weather
Devastating storms and natural disasters have caused insurance companies to move their businesses out of southern states like Louisiana and Florida or prompt rising prices.
Housing inventory is an issue Americans will ‘really struggle’ with in 2023: Mauricio Umansky
The Agency founder and CEO Mauricio Umansky reacts to the Goldman Sachs report that indicates which U.S. cities are expected to suffer a home value crash.
White House taking on landlords, rent prices
FOX Business’ Grady Trimble reports on the White House’s efforts to restrict rent price hikes, among other efforts to protect renters.
Goldman Sachs report on coming home value crash too generalized: Kirsten Jordan
Real estate agent Kirsten Jordan responds to a Goldman Sachs report suggesting four major U.S. cities will see a crash in home value, arguing the spring housing market will be very active.
Insurance premiums skyrocketing in the south due to severe weather
FOX Business’ Ashley Webster reports on the rising costs of home insurance for residents in southern states like Florida and Louisiana due to devastating storms.
Today’s mortgage rates edge down across all terms | Jan. 25, 2023
Check out the mortgage rates for Jan. 25, 2023, which are down from yesterday.
Goldman Sachs says 4 US cities will suffer a 2008 crash in home values
The U.S. is seeing continued skyrocketing interest rates and declining housing prices, and Goldman Sachs expects home values in 2023 to reach that of the 2008 housing crisis.
Blackstone in talks with Bain to sell $480 million stake in top Indian REIT
Blackstone is working to sell a $480 million stake in Indian REIT, preferring instead to invest in growth opportunities. Bain Capital likely to by Embassy Office Parks.
Paris rushing to finish 2024 Olympics construction work
The Porte de la Chapelle Arena in construction for the Paris2024 Olympic games has been delayed by supply chain distortion caused by Russia's invasion of Ukraine.
Home price gains slow to a two-year low: CoreLogic
House prices increased by 8.6% annually in November compared to 10.1% in October. Price growth is expected to cool to 2.8% year-over-year by November 2023, according to CoreLogic.
Hawaii governor proposes tax breaks to lower cost of living
The governor of Hawaii told lawmakers on Monday that he wants to invest $1 billion in affordable housing, as well as give tax breaks to residents of all income levels.
US housing affordability hell 'can't beat' the Florida heat
As housing affordability controls the fate of homebuyers in 2023, can Florida keep up with its population growth? Sunshine State transplants, Katrina Campins and Cheryl Casone weigh in.