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Updated: 1 hour 14 min ago
Why U.S. renters are taking corporate landlords to court
U.S. landlords who use RealPage products to set prices on rental apartments are facing accusations of collusion.
Categories: Real Estate
Rental markets are softening, but half of U.S. tenants spend more than they can afford, Harvard report finds
Half of renters in the U.S. are considered cost-burdened, meaning they spend 30% or more of their income on housing, a Harvard study found.
Categories: Real Estate
IMF expects new housing demand in China to drop by around 50% in the next decade
Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly bolster the country's overall growth.
Categories: Real Estate
Japan's Aozora Bank hits near 3-year lows as bad U.S. property loans prompt loss forecast
Aozora shares hit their lowest levels since February 2021, plunging as much as 18.5% — the Nikkei 225 benchmark was up 0.5%.
Categories: Real Estate
Rental markets are cooling, but it 'doesn't mean they're falling,' Harvard researcher says. Here's what that means for renters
After a few years of record-high rent costs, prices are beginning to cool in some areas. Here's what that means for renters.
Categories: Real Estate
Federal Reserve holds interest rates steady, sets the stage for cuts. What that means for your money
As the Federal Reserve sets the stage for rate cuts later this year, here's what that means for your credit card, mortgage rate, auto loan and savings account.
Categories: Real Estate
Weekly mortgage demand drops as buyers struggle to find affordable homes
After rising for several weeks, mortgage demand fell last week as buyers faced increased competition for a limited supply of homes.
Categories: Real Estate
Should you pay rent with a credit card? ‘It could rapidly spiral,’ expert warns
Sometimes, it's possible to pay rent with a credit card — but experts say it's risky.
Categories: Real Estate
Home prices began to cool in November after nine straight months of gains, S&P Case-Shiller says
Home prices in November fell 0.2% from October, according to the S&P CoreLogic Case-Shiller national home price index.
Categories: Real Estate
Sen. Elizabeth Warren pushes Fed Chair Powell to cut 'astronomical' rates, ease housing pressure
President Joe Biden's 2024 reelection campaign has struggled to earn points with voters on the economy, in part due to expensive housing costs.
Categories: Real Estate
Forget a soft landing, there may be ‘no landing,’ economist says. Here's what that would mean for you
The Fed is expected to announce no rate hike at the end of its two-day meeting. Now, the possibility of a 'no landing' scenario looks real, one economist says.
Categories: Real Estate
'Unshirkable responsibility': China's financial institutions urged to support property developers
Beijing announced measures to ease the cash crunch in the crucial real estate sector that's been hard hit by a crackdown on debt levels.
Categories: Real Estate
Hamptons mansion once listed for $150 million sells at auction for less than $90 million
The property, once the most expensive listing the Hamptons, had been on and off the market since 2016.
Categories: Real Estate
Severe winter weather dampens home sales, keeping prices high, Redfin says
A Thursday report from Redfin explained the recent drop in home sales is in part caused by severe winter weather across the country.
Categories: Real Estate
Homebuyer demand pushes mortgage applications higher, even as interest rates inch up again
Mortgage rates rose slightly last week, but that did not seem to deter homebuyers.
Categories: Real Estate
'Housing affordability is reshaping migration trends,' economist says. Here's where people are moving
The need for affordable housing is driving residents from major cities to move to other metropolitan areas in the U.S. Here are the top 10 places they're going.
Categories: Real Estate
Here are the top 10 hottest housing markets in 2024 — and why you may consider other options
Here are the top 10 "hottest housing markets" for 2024. However, homebuyers should consider that "market heat" means more competition, an expert says.
Categories: Real Estate
'It's really bad': China strategist warns of deflation and rock-bottom consumer confidence
The world's second-largest economy has faced a slower-than-expected recovery in 2023 after exiting Covid-19 restrictions.
Categories: Real Estate
Paying rent usually won't boost your credit score. Here's what renters need to know to make it count
Many rent-reporting services allow on-time rental payments to count toward credit history. Just make sure they report to all three bureaus, an expert says.
Categories: Real Estate
December home sales slump to close out worst year since 1995
December home sales were 6.2% lower than in the same month a year earlier.
Categories: Real Estate
