Housing Affordability Worsens As Homeownership Out Of Reach For Anyone Making Under $100K
By Tyler Durden The US housing affordability crisis continues to worsen as mortgage rates skyrocket to two-decade highs while the cost of an average home…
Housing
Loan Demand For Mortgage Loans Crashes To Depression Levels
By Tyler Durden In all the chaos over the past few days, we missed the release of the Fed’s latest Senior Loan Officer Survey which…
More Lawmakers Go After “Clean Energy” Lenders that Put Borrowers at Risk of Losing Homes
By B.N. Frank Since 2021 ProPublica has been exposing issues associated with controversial high-interest Property Assessed Clean Energy (PACE) loans and their lenders (see 1,…
These Global Cities Show The Highest Real Estate Bubble Risk
By Tyler Durden Housing bubbles are a tricky phenomenon. As a market gathers steam and prices increase, it remains a matter of debate whether that…
5 Signs That The Housing Crash Is Escalating A Lot Faster Than Many Of The Experts Had Anticipated
By Michael Snyder The U.S. housing market is absolutely imploding, but nobody should be surprised. In fact, we were warned way ahead of time that…
“You Will Rent Nothing And You Will Be Happy”: Rent-A-Center Crashes After Pulling Guidance Due To Collapsing “Economic Conditions”
By Tyler Durden How bad is it out there? So bad Americans can’t even afford to rent any more, or as Biden would put it:…
Searches For “Real Estate Market Crash” Highest In Internet History
By Tyler Durden Another milestone for the extremely confused elderly citizen in the White House basement. Analysis of Google Trends data reveals that searches for…
Home Robo-Flipper Opendoor “In Danger Zone” After Losing Money On 42% Of All Transactions
By Tyler Durden Last November, housing consultancy firm Zillow lobbed the first warning shot that the housing bubble had burst, when it shocked markets by…
“This Is The Sharpest Turn In The Housing Market Since The 2008 Crash” As Mortgage Rates Soar Above 6%
By Tyler Durden And the hits just keep on coming for the US housing sector. Three months after hitting the highest level in 14 years,…
Rent In U.S. Hits Record High for 17th Month In A Row
By Mac Slavo Renters in the United States are really starting to feel the financial pinch as rents hit record highs once again. For the…
The Other Shoe Drops: Blackstone Landlord Halts Home Purchases In 38 Cities As Market Crashes
By Tyler Durden One month after we reported that home prices finally dropped for the first time in year, an observation echoed yesterday by Black…
Military Families Suffering As Housing Benefits Can’t Keep Up With Exploding Rent
By Tyler Durden Military families who have long-benefited from housing subsidies are finding themselves unable to afford rent amid record-breaking spikes in housing, as the…
NYC Rental Market Sets A “Record Number Of Records”
By Tyler Durden Let’s revisit our housing note from mid-April, “Not A Peak” – Manhattan Apartment Rents Hit Another Record High, correctly pointing out how rent…
A “Housing Recession” Is Here, And It Isn’t Going To Be Fun…
By Michael Snyder Our concerns about the housing market have been confirmed. This week, the corporate news is full of headlines about the new “housing…