Politicians Cause Real Pain With Inflationary Policies
This post was originally published on this site Gasoline prices just hit new record highs, and that’s just the tip of the iceberg, inflation-wise. As consumers know, but federal officials seem slow to admit, everything is becoming more expensive. And while the purchasing power of our money is expected to...
Housing investments at risk as Build Back Better withers
This post was originally published on this siteThe path forward for the critical housing investments Democrats sought to protect in the Build Back Better Act (BBB) is getting murky, as uncertainty hangs over the party’s chances of passing its partisan package amid resistance from Sen. Joe Manchin (D-W.Va.). Democrats garnered...
Mortgage rates keep climbing, show no sign of slowing down
This post was originally published on this siteThe 30-year fixed-rate average rose for the fifth week in a row to 4.72 percent. Its 1.5 percentage point increase over the past three months is the fastest three-month rise since May 1994.
New homebuyers beware: Rising mortgage rates, rent prices may dash those starter home dreams
This post was originally published on this siteFor potential entry-level homebuyers, the situation has gotten worse in the last year, thanks to rising inflation and mortgage rates ticking up.
Mortgage rates show little change but are expected to move higher
This post was originally published on this siteAfter a month of increases, the 30-year fixed-rate average slipped to 3.55 percent this week.
Existing-Home Sales Reached a 15-Year High in 2021
This post was originally published on this siteExisting-home sales rose 8.5% last year from a year earlier to 6.12 million, the National Association of Realtors said Thursday.
Will New York Copy California’s Most Successful Housing Reform?
This post was originally published on this site In a truly rare turn of events, California’s successful approach to legalizing more types of housing is serving as inspiration for reforms elsewhere in the country. Over the past several years, lawmakers in the Golden State have passed a suite of bills...
Building and Renting Single-Family Homes Is Top-Performing Investment
This post was originally published on this siteInvestors are finding that homes built to rent are the hottest corner of the U.S. property market.
Business emerges as winner in framework deal
This post was originally published on this siteBusiness interests are emerging as winners in President Biden’s social spending and climate plan unveiled Thursday.The White House proposal to invest in clean energy, child care, education, housing and other Democratic priorities has sparked an…
Home-Price Growth Holds at Record in August
This post was originally published on this siteThe Case-Shiller index rose 19.8% as demand remains robust despite skyrocketing prices pushing some buyers out of the market.
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