The housing market is stuck because most homeowners have cheap loans that they can’t easily replace. About eighty‑five percent of mortgages are under five percent, and many of those were set when rates were below three‑and‑a‑half percent. Today the normal rate is above six‑point‑eight, so selling a
Panasonic is making waves with a new approach to product design. They are using robots and smart software to make appliances easier to take apart. This isn't just about fixing things; it's about making products last longer and reducing waste. The idea is to design products that can be easily disasse
Buying a home in November was tough. Prices stayed high, mortgage rates didn't budge much, and there were fewer homes on the market. Sales of used homes only went up a tiny bit from October. They were even lower than they were in November last year. About 4. 13 million homes were sold in a year, but
The rental market in the U. S. is heating up, and it's not just because of the weather. Despite a record number of new apartments being built last year, finding a place to rent is becoming even more challenging. This is a surprising twist, considering that nearly 600, 000 new multifamily units were
Kamala Harris recently unveiled her housing plan, which proposes to build 3 million new units and provide $100 billion in down payment assistance. Sounds good on paper, but history shows us this approach has consistently failed for decades. The subsidies will likely raise prices, as many first-time
