Peter Schiff, a well-known economist, has some strong opinions about why buying a home in the U. S. is becoming increasingly difficult. He points the finger at two big names in the housing market: Fannie Mae and Freddie Mac. According to Schiff, these institutions aren't helping people afford homes;
Buying a home has been tough lately. Prices keep going up, and so do mortgage rates. But there's some good news. Experts think things might get better by 2030. First, let's talk about what "normal" means. A home is usually considered affordable if it costs about 30% of your income. That's the stand
San Jose is taking a close look at its housing plans. The city is reviewing its General Plan, which happens every four years. But there's a problem. The current plan might not be helping to build more homes. In fact, it could be making things worse. Before 2007, San Jose built about the same number
SC State University is making big moves to tackle their housing problem. They're planning to build new dorms and renovate old ones to make room for more students. The university is looking to get some serious cash from a federal program to help pay for these projects. They're planning to build a hu
New York City has seen some progress in housing and crime recently. But what if Zohran Mamdani becomes mayor? Some people think he could undo this progress. Mamdani has ideas that worry many. He wants free public transport, which could hurt the MTA's money situation. He also talks about city-run gr
The U. S. is making a bold move in the world of home loans. Fannie Mae and Freddie Mac, two big names in the mortgage game, will now consider cryptocurrencies as assets when they check if someone can afford a home loan. This is a pretty big deal because it shows that digital money is becoming more a
The real estate market is feeling the pinch. In May, sales of new single-family homes took a nosedive, plummeting by 13. 7% compared to April. This drop brought the sales figure down to 623, 000 units on a seasonally adjusted, annualized basis. To put that into perspective, it's not just lower than
The housing market is finally showing signs of slowing down. After a wild ride during the pandemic, prices are starting to cool off. In April, home prices only went up by 2. 7% compared to the same time last year. That's a big drop from the 3. 4% increase seen in March. It's the smallest gain in alm
The U. S. housing market is feeling the pinch. Home sales in May barely budged, rising just 0. 8% from April. This sluggish pace is the slowest for May since 2009, a year when the market was still recovering from a major crash. Compared to last year, sales dropped by 0. 7%, showing that the housing
The confidence of homebuilders has taken a hit, reaching near-record lows in June 2025. This drop is largely due to higher mortgage rates and economic uncertainty. The National Association of Home Builders and Wells Fargo Housing Market Index (HMI) showed a decline in builder sentiment, falling 2 p
