American Housing Crisis? 40% Think They Need to Win The Lottery to Buy a Home
By Chris Melore Home affordability is so out of reach right now that two out of five Americans think they’d need to win the lottery…
Real Estate
New Banking Crisis: Regional Banks Try To Unload Commercial Real Estate Loans
By Mac Slavo Regional banks are trying to unload commercial real estate loans as a new banking crisis is unfolding. Regional banks are attempting to…
These Are The Most Affordable US Cities For Home Buyers
By Tyler Durden Just before the pandemic, the average home price in the U.S. was $313,000 – a figure that has since jumped by 40% to $436,800…
Home Depot Capitalizes On Tiny House Craze With $44,000 “Gateway Pad”
By Tyler Durden The Home Depot is cashing in on the tiny house craze as millions of Americans are priced out of homes due to…
The Commercial Real Estate Tsunami Just Shifted Into Another Gear
By Michael Snyder What is going to happen to our banking system as trillions of dollars worth of commercial real estate loans go bad? Many…
A Rent Control Renaissance Is Underway in the US—and It’s Sure to Make the Housing Shortage Worse
By Jack Elbaum If one needed any more proof that rent control laws suppress investment in new housing, then it is not necessary to look…
A $300,000 Salary Feels Like $100,000 In These U.S. Cities
By Tyler Durden Today in “why, again, do we need inflation?” news, a brand new study by SmartAsset reveals that in several U.S. cities, earning as…
Home Foreclosures And Missed Credit Card Payments Surge As Consumers Buckle
By Tyler Durden In the first quarter of this year, home foreclosures surged, as reported by property data firm Attom. Following a two-year lull, pandemic-related housing…
Where It’s Hardest To Afford A Home
By Tyler Durden Big cities like Hong Kong or Los Angeles are well known for their expensive real-estate markets. But, as Statista’s Katharina Buchholz notes,…
This Housing Bubble Is Different: It’s Much More Precarious
By Charles Hugh Smith And what happens next? Bubble symmetry: valuations fall at the same rate as they rose, declining back to the starting point…
How Would You Fix This Colossal Multi-Trillion Dollar Mess?
By Michael Snyder Everyone can see the slow-motion train wreck that is unfolding right in front of our eyes, but nobody has a plan to…
Guess Who Is Now Warning That “Commercial Real Estate Is In Trouble”?
By Michael Snyder What will our financial system look like once the 20 trillion dollar commercial real estate industry implodes? You might want to start…
First-Time Homebuyers Are Absolutely Screwed Right Now
By Tyler Durden Despite a recent softening in the US housing market, a combination of rising borrowing costs and still-high prices have put prospective first-time…
Home Sellers Get Desperate, Shower Buyers With Concessions
By Tyler Durden As the real estate market continues to soften amid rising rates and reduced appetites, home sellers are starting to toss in the…