Flight from the Cities: Home Builder Confidence Soars to Record High
Homebuilder confidence hit the record high set in 1998.
Homebuilder confidence hit the record high set in 1998.
“The changing needs of our homes has served as a catalyst for the pent up inherent demand in peoples’ desire to move,” Zillow’s CEO said.
Home prices are up 4.9 percent compared with a year ago. In June, they rose a full one-percent as buyers rushed to escape the confines of the places where they spent the coronavirus lockdown.
Americans are in a stampede to buy houses to shelter from disease, crime, shuttered schools, and other urban dangers.
Existing-home sales grew at a record pace in June, a huge rebound after three straight months of sales declines caused by the ongoing pandemic.
Joe Biden’s “real estate tax” idea also reflects an idea first proposed by “democratic socialist” Sen. Bernie Sanders (I-VT) during the primary.
More evidence of the flight to the suburbs after lockdowns, riots, defund the police protests, school closings, and surging crime
Americans are seeking homes outside of the cities in the aftermath of riots, looting, police defunding campaigns, resurgent crime, and months-long lockdowns
Sam Meyers decided to add a splash of color to an otherwise vacant property in his corner of Fond du Lac, Wisconsin.
Estate agents across England will be banned from using the term ‘Master Bedroom’ over its supposedly racist connotations as the Black Lives Matter purges continue to sweep through the country.
A huge boost in home sales in May indicates an economy recovering faster than expected.
Economists expected a sharp decline in sales of new homes for April. Instead, sales actually rose from March.
Pennsylvania Gov. Tom Wolf (D) is allowing real estate operations to resume for “limited business” only after taking the unprecedented step in shutting down the industry as part of his far-reaching lockdown orders.
Issuing EB-5 investor visas, which primarily benefit Chinese nationals, “should be the last priority” of the United States federal government in the midst of the Chinese coronavirus crisis, Center for Immigration Studies Director of Policy Jessica Vaughan says.
If you judge Gates by his meaningless words, he is not a climate denier. But where it matters… In his actions, his behavior, his multi-million dollar investments, Gates is one of the biggest climate deniers in the history of climate denying.
The coronavirus outbreak costs President Donald Trump’s businesses $1 million every day, and has lowered his net worth by $1 billion, according to analysts from various financial news outlets.
New home sales are up 18.6% above last year’s level, providing a powerful economic boost to the U.S. economy.
Americans must abandon their ambitions to live in suburban greenery because the country is getting too crowded, says a pro-immigration immigrant at the New York Times.
A Super PAC working to elect former Vice President Joe Biden is being bankrolled by a bevy of real estate, financial, and oil interests.
December saw a huge and unexpected boom in homebuilding.
In a big sign of economic confidence, Americans went on a home buying spree in September and October.
The Vatican announced the resignation of its head of security Monday in the midst of a growing financial scandal over massive investments in London real estate.
While consumer confidence remains high, the share of Americans concerned about losing their job has climbed for two months.
New home sales were much better than expected in August, putting the year on pace to be the best since 2007.
Massachusetts has been ranked as the number one most expensive state in which to buy a house, according to a recent report.
The New York Times is hiding the huge impact of immigration on Americans’ wages to help portray President Donald Trump’s policies as “anti-immigrant.”
Elected officials in Maryland’s Montgomery County are trying to abolish the legal foundation for suburbia — “single family zoning” — to better aid and encourage a massive inflow of immigrant employees, consumers, and renters.
The federal government must force tens of millions of suburban voters to sacrifice their houses’ value, their quiet schools, and their green neighborhoods so poor migrants can have cheaper rents and investors can build more houses, according to the New York Times’ editorial board.
The House will vote Tuesday on a bill that would give wealthy Chinese lenders a fast-track to American green cards and citizenship.
Capital asset depreciation and mortgage interest deduction explain the Trump tax story better than the New York Times narrative of failure.
The epic crash of New York City real estate in the late 1980s and early 1990s had battered Donald Trump’s investments and left many of his fellow real estate investors clinging to any lifeline of solvency.
Extra immigration will fund the oversized government in the Indiana city of South Bend, city Mayor Pete Buttigieg claimed during a campaign stop with pro-immigration Asian and Latino advocates in Des Moines, Iowa.
Renewed confidence among home builders hints at a recovery in one of the markets that slumped most in 2018.
New-home sales ran at a seasonally adjusted annual 657,000 rate in November, the best rate in eight months.
The weakest spot in the U.S. economy looks even weaker.
Down 12 percent compared with last year. All U.S. regions report declines.
October was not the disaster some feared after the steep decline in homebuilder sentiment.
A warning flare just went up from homebuilders.
President Trump thinks interest rates have been rising too quickly. Would-be home buyers seem to agree.
The lower than expected sales figures are a sign the housing market is cooling off