The Latest Breaking News from Andy Walden

Nearly 900,000 New US Homeowners Now Underwater On Mortgages As Home Prices Fall In Florida And Texas

The U.S. housing market is experiencing a worrying trend as nearly 900,000 homeowners find themselves in a precarious position with their mortgages.

Benzinga · Nov 13, 2025

We’re passing through ‘the worst housing affordability crisis’ ever seen, former Housing Secretary says

Home prices rose at levels never seen before, and while the market is cooling down, housing costs are still beyond what people can afford, the Obama-era cabinet member said.

Fortune · Jul 3, 2024

Fannie Mae's CEO says shopping for a house right now is downright Dickensian: A 'tale of 2 markets'

The “lock-in” effect is making the housing market unappealing for both buyers and sellers.

Fortune · Oct 17, 2023

As home prices decline, Southern Californians who bought at the peak are nervous

Surging mortgage interest rates threatened to squash Michael and Christine Hawkins' dream of home ownership. But this fall when the couple saw a Canoga Park condo languish on the market, they devised a plan.

Los Angeles Times · Dec 15, 2022