National Weekend Edition
Moody’s chief economist says housing correction — but not crash — is on the way
Much higher mortgage rates will lead to lower housing prices in “juiced” markets such as Phoenix and Tucson in...
interest rates
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National Weekend Edition
About Fed Chair Jerome Powell’s housing “reset”
Just how will the Federal Reserve’s .75 percentage-point increase in interest rates affect the price of homes? Well, according...
National
More multifamily landlords are making less than their lenders
Sales of multifamily assets have been hot in the past year, but rising interest rates are now putting investors...
Rising rates slow new development sales in Brooklyn, Queens
The buying frenzy that’s defined New York’s new development scene for the past year is showing signs of calming....
Harkham family buys historic Washington Heights apartments
Despite a stained glass skylight as big as the lobby itself, residents of a once-grand Washington Heights apartment building...
National
Fed hikes interest rates as inflation concern simmers
The Federal Reserve raised interest rates for the first time since 2018, boosting the benchmark by a quarter of...
National Weekend Edition
Germany tightens mortgage lending to reel in soaring housing prices
Germany, the only nation with two cities identified as most at risk to a property bubble, will put the...
National
Investors gobble up fixer-uppers despite scarce inventory
Investors are increasingly seeking fixer-uppers to flip, hoping the venture is anything but a flop. Even though they’re emboldened...
National
Investors pile into house-flipping
The number of investors backing house-flippers jumped 50 percent in two months, as low interest rates continue to drive the hunt for higher profits. Research firm Attom Data Solutions found that the gross earnings...
National
Active home listings hit record low
It began with toilet paper, but it’s been homes for a while. Pandemic buying has whittled the number of homes for sale in the U.S. down to an all-time low. Active listings dropped below...