Homebuyers need to earn 80% more than they did pre-COVID to comfortably afford a house in this market, Zillow says

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Homebuyers have to earn 80% more than they did pre-covid to comfortably afford a house today.
Homebuyers have to earn 80% more than they did pre-covid to comfortably afford a house today.

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The housing market just saw its biggest inventory spike in nearly 3 years

Tech Insider : Economy
housing market neighborhood
Housing inventory is showing signs of improvement.

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Wall Street's next big bet could revolutionize homeownership

Tech Insider : Economy
Photo illustration of a mailbox with the wall street bull.
American homeowners saw the value of their houses boom over the past few years — and big Wall Street investors want in on the action.

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It was shortly before Christmas 2021 when Kennis Schummer received a letter that changed his life.

The office market is so bleak that Canada's largest pension fund sold its stake in an NYC building for $1

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New York City at dusk.
A Canadian pension fund sold its stake in a New York office building for $1.

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'If you see a home you love, don't wait': How homebuyers should react to falling mortgage rates, according to Realtor.com

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A real estate agent holding a house key

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Empty office buildings won't be the solution to the US housing shortage

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Skyscrapers loom over downtown Manhattan on March 31, 2022 in New York City.
The pandemic led to a rise in work-from-home, which has crushed demand for office space.

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Homebuyers are flocking to areas most exposed to extreme weather risk and pushing prices higher, JPMorgan says

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A home in a flood.
A home submerged in water after a flood.

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A booming stock market means homebuyers will be more tolerant of high mortgage rates, Compass CEO says

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A for sale sign.
A for sale sign.

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A trusted indicator is fueling recession warnings from Jeremy Grantham and other gurus. What you should know about the Leading Economic Index.

Tech Insider : Economy, Economy
Recession

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New home construction in the US plummeted to a 5-month low in January

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Home construction
Housing starts tumbled in January to a five-month low.

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