The housing market has been overly sensitive to what the Fed has done with interest rates, both when they’ve been high or low.
Author: Swapna Venugopal Ramaswamy, USA TODAY
Home prices are finally declining, ending longest streak in growth. Who are the homebuyers?
Existing-home sales reversed a 12-month slide in February while home prices fell year-over-year, ending the longest price growth streak on record.
Housing market: After months of decline, single-family construction rose in February
Compared to February 2022, home building is down 18%, with single-family housing down 32%. Meanwhile, apartment construction was up 14% year over year.
US banking crisis: Close to 190 banks could collapse, according to study
The Fed’s aggressive interest rate hikes have eroded the value of bank assets such as government bonds and mortgage-backed securities.
These are the 10 housing markets across the US where home sellers are sitting pretty
Affordability is a key factor when it comes to areas where sellers still have advantages. There are the 10 hot locations in the housing market.
‘It’s a wake-up call’: Advocacy groups, lawmakers highlight law they say led to SVB collapse
Congress must repeal the Trump-era law, which was supported by both Republicans and Democrats, say advocates and some lawmakers.
Applying for a mortgage? How to improve your credit score and save when buying a house
Consider calling your credit card company to see when your statement is reported to credit bureaus. Some report balances on or before the due date.
Rents going down, new study shows. Here’s where apartments are (and aren’t) getting cheaper
While rents rose 2.4% in January from a year earlier to $1,942, the national median was down about 2% from December.
New Yorkers are the No.1 movers to Florida. Find out why.
Since at least 2016, the Empire State has topped the list for sending its residents to the Sunshine State, data from the Census Bureau shows.
Black-owned homes appreciated more than other groups since pandemic, but ‘it’s a low bar’
In February 2020, the typical Black-owned home was worth 17% less than the typical home overall. By January 2023, that gap closed to 15%.