While Jerome Powell’s Federal Reserve continues to debate whether to cut rates, two central banks in Europe are already witnessing economic progress from their respective rate cuts. The Bank of England’s first rate cut in four years sparked a renewed interest in...
The debate over government involvement in the real estate industry is not new, but it has taken on renewed urgency as the housing crisis deepens across the United States. Vice President Kamala Harris recently pledged to build 3 million new homes if elected President....
Foreign buyers are pulling back from the Texas housing market, according to new data from Texas Realtors. Between April 2023 and March 2024, approximately 6,900 buyers from other countries purchased Texas residential properties. This represented a 30% decline from the...
The average teacher can afford 47.9% of apartments for rent within commuting distance of their school, up from 40.7% in 2023 but down from 58% in pre-pandemic 2019, according to a new data report from Redfin (NASDAQ:RDFN). However, the average teacher can only afford...
California’s housing affordability during the second quarter sank to its lowest levels in nearly 17 years due to elevated home prices and mortgage rates, according to data from the California Association of Realtors (CAR). The second quarter’s level was less...