Chicago and New York City Areas Remain Most Exposed to Potential Downturns in Second Quarter of 2022; Other More-At-Risk Markets Scattered Around Nation; South Region Continues to be Less Vulnerable IRVINE, Calif. — Sept. 15, 2022 — ATTOM, a leading curator of real estate data nationwide for land and property data, today released […]
Real Estate
CNBC’s Jim Cramer on Wednesday offered investors a list of five real estate investment trusts they should consider adding to their portfolios. “While most retail stocks are horrible right now … the companies that own the best retail real estate are doing just fine,” he said. Here is his list […]
Realtor.com, the second most visited website for real estate listings in the U.S., is laying off an undisclosed number of employees due to a recent slump in the housing market. In an email that was sent to the company’s employees and shared with SFGATE, CEO David Doctorow said slowing sales […]
If you own a home or have been interested in buying one, you are aware of the sizeable U.S. residential real estate downturn. Sales numbers are dropping to their lowest rates since 2020, but interest rates continue to rise to around 5.6%. This scenario doesn’t mean investors should look to […]
There’s a term for spending tortured hours browsing Zillow, fantasizing about houses you can never afford in places remotely distant from your own tax bracket: real estate porn. The masturbatory practice has only gotten more popular in the last few years, as the economy crashed and people fled (even if […]
The slowdown in the otherwise red-hot housing boom has been stunningly swift. The U.S. housing market surged during the pandemic as homebound people sought new places to live, boosted by record-low interest rates. Now, real estate agents who once reported lines of buyers outside open houses and bidding wars on […]
Welcome back to the Real Estate newsletter. My coverage typically takes you inside of L.A.’s finest properties, but this week, we’re taking a trip beneath them. Do you know what lies below your home? Kyle Tourje probably does. He’s a structural assessor with Alpha Structural, and he spends his career […]
The Pandemic Housing Boom saw U.S. home prices spike an unprecedented 43% in just over two years. But that’s over now: Spiked mortgage rates have pushed the U.S. housing market into a sharp slowdown that could threaten some of those gains. Some firms—including John Burns Real Estate Consulting, Zonda, and […]
Americans are becoming increasingly pessimistic about the US real estate market. Sellers are holding out amid stalled prices, while mortgage rates have put many buyers’ plans on pause. The Fannie Mae Home Purchase Sentiment Index fell for the six consecutive month in August. Loading Something is loading. The real estate […]
At least 20 Asian immigrant families in Brooklyn, New York, are facing eviction after falling victim to a $4 million housing fraud from their building’s real estate developer. Brooklyn real estate developer Xihui “Steven” Wu falsely claimed he had the right to sell individual apartment units to the families. After […]
China’s real estate sector has a debt problem. Large property developers like the embattled company Evergrande have racked up massive amounts of debt, leading to construction stoppages and lots of angry homebuyers. Amid the turmoil, buyers across China have banded together and threatened to stop paying mortgages on over three […]
The U.S. housing sector is finally cooling off. For those looking to buy, there are homes in several parts of the country that are on sale right now, according to new data. Sellers slashed home prices in June in areas that saw red-hot price appreciation earlier in the pandemic, including […]