The housing market is at 'rock bottom,' says Redfin's CEO, as high rates and prices take their toll

Tech Insider : Economy
Redfin CEO Glenn Kelman
The housing market is at "rock bottom," said Redfin's Glenn Kelman.

Redfin

The Brooklyn landlord everyone hates could soon come to your neighborhood. Tenants warn these private equity groups are raising rent and ignoring maintenance issues.

Tech Insider : Economy
Residential apartment buildings are seen on July 26, 2022 in the Brooklyn borough of New York City.
Residential apartment buildings are seen on July 26, 2022 in the Brooklyn borough of New York City.

Spencer Platt/Getty Images

Middle class Americans are moving straight into fire and drought because they can't afford to live in the cities that are safer from climate change

Tech Insider : Economy
An aerial view of homes in the Phoenix suburbs on June 9, 2023 in Queen Creek, Arizona.
An aerial view of homes in the Phoenix suburbs on June 9, 2023 in Queen Creek, Arizona.

Mario Tama/Getty Images

US stocks rise as investors try to shake off August slump ahead of retail data

Tech Insider
NYSE traders

NYSE

Manhattan real estate is in 'crisis' as new construction flatlines, borough president says

Tech Insider : Economy
Partial views of rooftop of building located at 160 Water Street in downtown Manhattan and currently being converted from office usage to residential apartments.

Luiz C. Ribeiro/Getty Images

AI could soon tell you the future value of your home

Tech Insider : Economy
Mortgage Rates
In this March 15, 2021 file photo, a sold sign stands in front of new home under construction in Houston. Mortgage rates remained near historic lows this week, Thursday, June 10.

AP Photo/David J. Phillip, File

If you want to find affordable housing, you might want to try Minneapolis, where the inflation rate is surprisingly low

Tech Insider : Economy
View of the Mississippi River and Stone Arch Bridge from balcony of the Guthrie Theater in Minneapolis, MN.
View of the Mississippi River and Stone Arch Bridge from balcony of the Guthrie Theater in Minneapolis, MN.

Barry Winiker

California found a way to ignore NIMBYs and build more housing

Tech Insider : Economy
Thomas Safran & Associates (TSA), officially opened Veterans Village of Carson on Thursday, August 25, 2022. The housing complex offers 51 affordable and supportive apartment units for U.S. veterans and their families.
Thomas Safran & Associates (TSA), officially opened Veterans Village of Carson on Thursday, August 25, 2022. The housing complex offers 51 affordable and supportive apartment units for U.S.

Over 80% of Americans think it's a bad time to buy a house

Tech Insider : Economy
Exterior view of house with for sale sign.
Over 80% of Americans say it's a bad time to buy a home right now, according to a survey by Fannie Mae.

Getty Images

'Zombie' offices could turn into 400,000 new apartments for families. That's almost double the number of new US units in a typical year.

Tech Insider : Economy
A view on lower Manhattan skyline and One World Trade Center in New York, United States, on October 25, 2022.
A view on lower Manhattan skyline and One World Trade Center in New York, United States, on October 25, 2022.

Beata Zawrzel/Getty Images

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