A 20% home price crash? These 7 forecast models can see it—where the other 13 leading models have the 2023 housing market going Where 20 leading forecasters foresee home prices going in 2023. Fortune · Dec 7, 2022
Lizzo branches out: popstar buys ‘refined treehouse’ once LA home of BFF Harry Styles’ for £12 million Lizzo’s house has been entirely reconstructed since Styles owned it in 2016. Evening Standard · Dec 7, 2022
South Florida renters pour plenty more money — and they must work lots more to afford it After facing dramatic rent hikes, South Floridians must now work many more days full time to be able to afford the typical rent in the area, according to a new analysis. Tribune News Service · Dec 5, 2022
A.I.'s uniqueness shakes up the risk-benefit calculus for business leaders Business leaders may have to change their decision-making processes to adapt to the distinctive properties of artificial intelligence. Fortune · Dec 2, 2022
Real estate scams are on the rise. Here’s what you need to know Landlord Sonja Kluesener first suspected something fishy when three potential renters contacted her about the Zebulon home she’d just listed on Zillow, and there was a significant price difference. Tribune News Service · Dec 1, 2022
Fed's housing market 'reset' has officially set off the second-biggest home price correction of the post-WWII era According to the latest Case-Shiller report, U.S. home prices fell another 0.8% in September. Fortune · Nov 30, 2022
Americans are forced to work 6 extra hours a month to afford surging rents Rising rents squeezed renters in the U.S. so tightly that Americans now have to work more hours just to afford a month's rent. Fortune · Nov 25, 2022
Even $1.5 million is 'just enough to buy a bit of a fixer-upper' in some markets "The caliber or the size and quality of homes that will sell for $1.5 million have all really fallen." Fortune · Nov 19, 2022
With 5,900 tech jobs already gone, a Seattle correction looks real The string of layoff announcements by Amazon and other Seattle-area tech employers has many asking whether the tech industry is bound for a major correction and even more job cuts in coming months. Tribune News Service · Nov 18, 2022
The Pandemic Housing Bust rocks bubbly markets like Phoenix Some markets have gone straight from Pandemic Housing Boom to Pandemic Housing Bust. Fortune · Nov 10, 2022
Seattle’s Redfin to cut workforce by at least 13%, end its house flipping initiative SEATTLE — The cooling housing market is driving yet another round of layoffs at a Seattle-based company. Tribune News Service · Nov 9, 2022
CPI Shows Rents Are Rising, Zillow Forecasting Drop In 2023; Professor Says Fed's Powell Will 'See The Light' While consumer price index data in 2022 has been showing rent prices accelerating, Zillow Group Inc. Benzinga · Nov 7, 2022
Mortgage rates top 7% for the first time since 2002 LOS ANGELES — The cost of buying a home took another leap this week, as the average rate on the popular 30-year fixed-rate mortgage surpassed 7% for the first time since 2002. Los Angeles Times · Oct 27, 2022
Homeownership grows more unaffordable as average new mortgage payment increases over 95% FORT LAUDERDALE, Fla. — The average new mortgage payment for a home has almost doubled in South Florida over the past year as interest rates skyrocket. Tribune News Service · Oct 27, 2022
Tribune News Service · Oct 27, 2022 Online real estate company Zillow lays off 300 Just ahead of reporting its third-quarter earnings, Seattle-based Zillow has laid off 300 workers.
The Denver Post · Oct 13, 2022 Housing markets tumbling, a signal that a wider recession is coming ATLANTA — The housing market is cooling quickly across the country under the weight of rapidly rising interest rates, a reversal that will worsen any economic slowdown in the months ahead, several real estate experts are warning.
Los Angeles Times · Oct 13, 2022 Rising mortgage rates are sending home prices lower For the first time in a decade, home prices in Southern California are definitively falling.
Evening Standard · Oct 11, 2022 Legendary 123-room Spelling Mansion built on site of Bing Crosby’s former estate on sale in LA for £147m The Manor is currently the third-most expensive property listed in California, according to Zillow.
The Independent UK · Oct 6, 2022 Amid end to COVID help, homelessness surging in many cities Homelessness is expected to be up when the federal government releases results from an annual count in coming months, the first full tally since the coronavirus pandemic began
The Independent UK · Oct 6, 2022 Amid end to COVID help, homelessness surging in many cities Homelessness is expected to be up when the federal government releases results from an annual count in coming months, the first full tally since the coronavirus pandemic began
The Guardian - US · Oct 3, 2022 LA restricts water flow to wasteful celebrity mansions: ‘No matter how rich, we’ll treat you the same’ The city’s water department has a small yet effective solution to keep its famous residents’ water use in check – a flow restrictor
Axios · Sep 29, 2022 Why homes sales are cratering in one chart Prices for houses are bananas compared to where they were just a couple of years ago.
WEKU · Sep 28, 2022 Supply in Demand: Here’s why some in Louisville continue to struggle to find affordable housing Supply in Demand: Here’s why some in Louisville continue to struggle to find affordable housing
Los Angeles Times · Sep 20, 2022 Southern California's housing slowdown shows in August home prices The Southern California median home price remained unchanged in August from the previous month as rising mortgage rates made houses even less affordable for many people.
Benzinga · Sep 19, 2022 Analyst Remains Bearish On Real Estate iBuyers: 'Fundamentals Are Going To Turn Worse Before They Get Better' The National Association of Home Builders/Wells Fargo Housing Market Index fell three points in September to 46, a bearish reflection of current U.S. homebuilder sentiment.