New GDP report shows an economic turnaround, but don't be fooled
Thursday's GDP report shows the U.S. economy grew at an annual rate of 2.6% in July, August and September, after shrinking in the first half of the year.
housing market
With mortgage rates near 7%, the housing party is over. Now it's hangover time
Higher rates are dashing the dreams of some would-be homebuyers while others stretch to buy but spend close to $1,000 a month more in monthly payments for a typical house.
Adjustable rate mortgages can be cheaper but risky. Here's what you need to know
With mortgage rates up sharply, many more homebuyers are turning to adjustable rate loans. These can be more affordable, at least at first. But they come with a big risk. Is it worth it?
Understanding the housing market: a look at supply and demand
During the past two years, America’s red-hot housing market left millions of people scrambling to find an affordable home to purchase or rent.
There's a massive housing shortage across the U.S. Here's how bad it is where you live
Hundreds of cities and towns are seriously short of housing, both homes to buy and rentals, according to a new study. It's the main reason that home prices and rents are so high.
The U.S. needs more homes, but builders may be slowing construction
The U.S. has a home shortage, but builders may be slowing instead of increasing construction because of worries that the homes won't be sold.
First-time homebuyers are getting squeezed out by investors
With a historic shortage of homes for sale, investors making cash offers are pushing first-time homebuyers out of the market.
Home prices rose faster than ever in 2021. The typical home gained $50,000 in value
For first time homebuyers it was one of the hardest years ever to afford a house. But homeowners saw tremendous gains in housing wealth.
Hey, I want to buy your house: Homeowners besieged by unsolicited offers
Lots of speculators are jockeying to get in on the hot market. Sometime they call homeowners multiple times a day. It can be an invasive nuisance, or worse.
Homebuyers Squeezed As Western States See Prices Double Or More In Last Decade
The pandemic has made the housing market even tighter in the mountain West, where first-time buyers are trying to decide whether this is just the future or a bubble headed eventually for a bust.