Engineers have a seemingly unobjectionable proposal: Make roofs less likely to fly off in hurricanes. So why won’t the homebuilding industry support it?
Extreme flood insurance rate hikes and shoddy floodplain mapping are driving the cost of homeownership up and home values down, industry organizations told Congress
U.S. equities jumped 5% in the past three sessions as Fed Chair Janet Yellen said the central bank will likely hold key rates near zero at least through the first quarter, even as the U.S. economy strengthens.
After nearly three years and hundreds of thousands of property purchases, the nascent single-family rental industry is at a crossroads in terms of future growth and long-term staying power. So how will these players will cash out of their property portfolios?
U.S. households are unhappy with their current living situations and they’re planning on doing something about it. Americans will spend more than $7.4 trillion on home purchases and more than $700 billion renovating their current homes.
The top five cities with the strongest year-over-year home sale growth also experience wage growth, while the five places with the strongest declines saw median incomes drop and home prices rise.
Chinese investors are now the biggest international players in the U.S. housing market and California is the biggest market for the group, accounting for a third of their purchases.
Does a borrower really care about mortgage technicalities? The answer is yes but only if they get some benefit such as easier loan applications, lower interest rates or fewer foreclosures.