Wall Street Journal, May 14, 2024–Will ParkerDevelopers are building new houses for rent at an unprecedented rate, aiming to capitalize on the steep home prices and higher mortgage rates that …
Category: Top National News
Will Mortgage Rates Fall After This Week’s Inflation Report?
CBS News, May 14, 2024–Matt RichardsonObservers are waiting for the Bureau of Labor Statistics’ inflation report for April. What that report shows (or fails to show) will go a long …
New Florida Law Roils Its Condo Market Three Years After Surfside Collapse
The Wall Street Journal, May 13, 2024-Deborah AcostaIvan Rodriguez leapt at the chance to buy a unit at the Cricket Club, an exclusive bay-front condominium in North Miami. In 2019, …
Why Second Mortgages Could Make a Comeback
Axios, May 13, 2024-Felix SalmonFreddie Mac has a new revenue stream in its sights, thanks to the record $17 trillion of home equity sitting untapped in U.S. houses.Click here for …
Inflation Outlook Rises, Fueled by Expected Increases for Housing Costs, New York Fed Survey Shows
CNBC, May 13, 2024-Jeff CoxConsumers in April raised their expectations for price increases both in the near and longer term, fueled by higher inflation in home prices along with fuel …
Priced Out of Housing, Communities Take Development Into Their Own Hands
The New York Times, May 13, 2024-Keith SchneiderAs the owner of the coffee retailer Higher Grounds Trading Company, Chris Treter had a problem: Business was booming, but his new hires …
Are U.S. Interest Rates High Enough to Beat Inflation? The Fed Will Take Its Time to Find Out
Associated Press, May 13, 2024-Christopher RugaberThe sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials …
Foreclosures Leave Long-Term Scars on Homeownership Rates
MPA, May 13, 2024-Candyd MendozaA new study by the Federal Reserve Bank of New York reveals the lasting financial consequences of foreclosure for millions of Americans.Click here for more
With ‘Bleisure’ and Fewer Workers, the American Hotel is in Recovery
NPR, May 13, 2024–Alina SelyukhTechnology has long been transforming hotels, and the pandemic accelerated that change.Click here for more
Stubbornly High Rents Prevent Fed From Finishing Inflation Fight
Wall Street Journal, May 11, 2024–Nick TimiraosFor more than a year, the central bank has expected slowing rent increases to show up in official housing measuresClick here for more (subscription)