Buying a home is expensive. And so is owning one. In the era of high mortgage rates and soaring expenses, is homeownership still worth it?
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Almost half of all US households’ financial assets are tied to public stocks, a near-record high, according to recent Federal Reserve data.
Institutional investors, including so-called US mega landlords, have increasingly been gaining dominance in the UK’s rental market.
The percentage of US employees who think their financial well-being is good or excellent rose to 47%, up from 42% a year ago.
The CPI rose just 0.3% from the previous month. Perhaps most importantly, the annual core rate fell from a year earlier.
A New York Fed survey found renters saying their probability of ever owning a home fell to 40.1%, a new low.
Sick of waiting for the Federal Reserve to make a move, home buyers and sellers seem to be accepting the market for what it is.
Home prices in the Lone Star State’s capital have dropped 12% since 2022 — the largest decline of any US city.
With home sales continuing to limp along, Home Depot and Lowe’s are reporting that do-it-yourselfers are cutting back on projects.
More than a quarter of all US home sales were bought by investors in the last quarter, a new all-time high.
US citizens under 40 took some of that pandemic fiscal stimulus and plowed it into a booming stock market.
Empty-nest Boomers have been reluctant to sell their larger houses, which is making it hard for younger families to find starter homes.
Shares of leading US homebuilders have plummeted since an industry-wide peak in July, according to a Financial Times analysis.
As housing prices reach record highs nationwide – against quite a few forecasts at the start of the year – buying a home is now completely unaffordable in most parts of the country for the average American.
The U.S. Economy is taking Americans for a ride, interest rates hit a 23-year high at 8.34 percent on 30-year mortgages.
The SEC charged the asset manager with misleading clients over changes to its retirement funds, leading to higher tax bills for investors.
Adoption of the cryptocurrency has outpaced other transformative technologies like the internet and mobile phones.
The chief growth officer is at the forefront of preparing RIAs to grow their businesses and train advisors for the future.