Housing Market
The latest on the state of the housing market. The housing market deals with the buying, selling, and renting of residential properties. Driven by various factors like supply and demand, economic conditions, interest rates, among other things, the housing market is often an indicator of the general state of the economy. The housing market was a key factor in the 2008 financial crisis.
How mortgage rates have skyrocketed under Joe Biden
The average rate on a 30-year fixed home loan rose to 7.51 percent on Monday.
Congress plan for housing market could save people thousands
A bill aims to remove obstacles first-time homebuyers struggle to overcome. But is it the right course to help Americans achieve the dream of homeownership?
Housing market fears rise for two most overvalued areas in US
The states at the highest risk of suffering extreme weather events have some of the most overvalued housing markets in the country.
Map shows where home prices are expected to drop the most
The housing market is feeling pressure of an environment of high mortgage rates.
Only one area of U.S. sees home sales increase
As the rest of the country saw declines, one area showed an increase.
Housing market bubble fears as value could be wiped off 1 in 4 homes
"We have built up a 'climate debt' over the past few decades in the real-estate market," risk researcher Matthew Eby told Newsweek.
When Will Interest Rates Drop? New Timeline as Housing Market Struggles
The U.S. Federal Reserve paused interest rates at their current levels but left room to hike depending on the economic conditions.
Home building collapses as market struggles
New home construction plunged in August amid high mortgage rates and increased costs of labor and production.
Housing market fears sparked by Airbnb decline
Robert Kiyosaki, author of "Rich Dad Poor Dad", said an Airbnb decline, after restrictions in NYC, would be a great opportunity for people to buy real estate.
Housing market's most at-risk areas as foreclosures rise
New Jersey and Illinois are facing a stressed housing market, according to a new report.
New Company Promises Half-Price Mortgage Rates
In an environment of historic high mortgage rates, Roam says it can help buyers secure less expensive homes with cheaper monthly payments.
Housing market update: What inflation report means for home costs
Inflation numbers for August are in and prices remain stubbornly high.
Housing market costs weigh on Biden's economy
Voters believe that the cost of housing has moved in the wrong direction even as rent prices have fallen from record highs and mortgage rates have ticked down.
When Will Housing Market Burst? Investor Warns of 'Black Swan' Timeline
The Federal Reserve has raised interest rates numerous times in an attempt to bring inflation down to its 2 percent target.
The Supreme Court could upend the housing market
The Supreme Court will hear a case in October on whether the Consumer Financial Protection Bureau is constitutional, with implications for the mortgage market.
Housing market warning as student loan payments restart
A majority of experts think that restarting student loan payments this fall will make mortgages more unaffordable.
Mortgage rate update amid housing market uncertainty
The most popular home loan in the U.S., the 30-year fixed-rate mortgage, has dropped for the first time in five weeks. But mortgages remain higher than 2022.
Housing market "going to get whacked," billionaire investor warns
Americans' savings are running out, the investor said, which will bring down demand for housing.
Housing market fears raised over 1% mortgages being offered: "Concerning"
While some are asking what's the catch, others believe it would help people who need it the most.
Is China's economy heading for collapse? What we know
Weaker trade, slowing domestic spending, a deepening property sector crisis and slumping growth are raising concerns over the state of the Chinese economy.
Mortgage rates forecast: How housing market will change in the near future
Newsweek asked two experts what's causing the rise in mortgage rates and what this means for the housing market in the coming future.
Realtor reveals how living close to a Starbucks increases your home's value
Real estate broker Tatiana Londono told Newsweek that these factors are "a weird phenomenon that happens time and time again."
Congress threatens to upend housing market
The National Flood Insurance Program is set to expire at the end of September, which will make it more difficult for homebuyers to take out a mortgage.
The 9 cities where rent is outpacing wages most
The rise of rent prices has slowed since January, but renters in some of the country's most expensive markets still pay a majority of their wages in rent.
Will house prices go down? Morgan Stanley gives 2024 prediction
While Morgan Stanley expects home prices to drop in 2024—good news for aspiring buyers—other experts disagree.
'Bidenomics' Is Heading Toward a Crash. The Latest Housing Data Is Clear
Over the past few years, America's elected and unelected leaders created the conditions for a massive economic recession.
Florida could soon become uninsurable—and other states will likely follow
The increased risk of extreme weather events, combined with rampant fraud, is making Florida "uninsurable"—a fate that might await other states in the future.
Florida's housing crisis leaves residents suffering
A majority of 76 percent of Floridians think that houses in the state are too expensive, according to new polling conducted on behalf of Newsweek.
How housing market will be impacted by U.S. credit rating downgrade
Experts fear the downgrade will lead to higher interest rates and higher mortgage rates for American homebuyers.
House prices are falling more than 5 percent in these six cities
Pandemic boomtown Austin, Texas, is still leading the way in terms of home price drops.
