Housing
Housing Articles
Foreclosure activity in the U.S. is on the rise. In the first six months of the year, default notices, scheduled auctions, or bank repossessions, increased by 13% compared to the first half of last...
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Personal finance advisors and columnists often recommend that no more than 25% to 30% of your take-home pay should go to your landlord. Based on this general rule of thumb, if your income is ...
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The latest census data shows some meaningful changes that have taken place within the U.S. population over the past 10 years. The U.S. population grew by about 20 million, a 7% increase, from 2010 to...
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Many of the measures most commonly used to assess a given country’s level of development are strictly economic. They include indicators such as gross domestic product, GDP growth, and GDP per...
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Before neighbors could show off their wealth by purchasing the latest sports car, wealthy people in America flaunted their money by building opulent mansions. Erecting mansions today, thanks to...
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In May 2023 the median home listing price reached $441,000, up from $430,000 in April. Despite the increase, the price is down from a record high of $449,000 in June 2022. The yearly growth rate in...
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The median home listing price in May 2023 rose to $441,000, a 0.9% annual increase. Despite the increase, the price is down from a record high of $449,000 in June 2022. This cooling trend is hopeful...
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Homeownership was once a cornerstone of the American dream. But for a growing share of the population, it is now more akin to a pipe dream. Within the last two years, real incomes have been crushed...
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If you are a renter in the United States, finding an affordable and available roof to live under is a real and persistent issue — and it is more of an issue for low-income renters. In fact, no...
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The U.S. housing market has cooled considerably in recent months. Precipitated in part by rising mortgage rates, existing home sales totaled just 4.28 million in April 2023, down 23% from the same...
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The first two years of the coronavirus pandemic had a profound impact on the U.S. housing market as Americans fled expensive, high-population areas to mid-sized cities or adjoining suburbs in...
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With mortgage rates at their highest levels in a decade and a half, the U.S. housing market is beginning to cool. According to the National Realtors Association, existing home sales fell to fewer...
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The history of the U.S. housing market has been marked by periods of rampant building and of lulls, even as the population has expanded relatively steadily. Even with this recent increase, new home...
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This article was written with the assistance of A.I. technology, and has been edited and fact-checked by Melly Alazraki. The interest rate on a 30-year fixed rate mortgage has been above 6% for...
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Food inflation continued to be one of the fastest-growing categories in the latest consumer price index summary from the Bureau of Labor Statistics. Food prices have increased 8.5% in the 12 months...
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