Source: Tennessee Lookout— A big economic division between renters and homeowners is apparent when looking at net worth: For homeowners, the median net worth of $231,400 is about 44 times the median net worth of renters, which is $5,200. Dr. Ken Chilton of...
Source: The Lewiston Tribune — An old conservative rhetorical device is to claim that whatever problem you are facing could be solved by just “getting government out of the way.” As with most phrases that fit on bumper stickers, “get government out of the way”...
Source: Deseret News — July was an even more sluggish month for the U.S. housing market as sales of previously owned homes slipped by 6% from June and a whopping 20.2% year over year. Home prices are still high, though, with the median existing home sales price...
Source: Forbes — Cooling inflation has helped temper concerns of an imminent recession, particularly as the job market continues to show historic strength, but a worsening housing market collapse and vast uncertainty over the course of the Federal Reserve’s...
Source: Axios — America’s housing market is broken, but the deep and structural problems can’t be fixed with technology. Why it matters: The U.S. is in desperate need of more high-quality rental housing. Homeownership works for many — and...
Source: The Motley Fool— For the past year and change, sellers had it pretty easy given the state of the real estate market. Basically, all they really had to do was list a home, and boom — they’d commonly be bombarded with eager buyers looking to...
Hits and Misses for the Real Estate Week of June 22-26
