Nick Ivan 
A stunning house is now available for purchase in Arlington, Virginia, as of July 13, 2023. This beautiful property offers a unique opportunity for potential buyers to find their dream home. Photograph by Saul Loeb | AFP | Getty Images The real estate market experienced a decline in the sales of previously owned homes during …
Ryan Ratliff (C), Real Estate Sales Associate with Re/Max Advance Realty, is showcasing a home for sale to Ryan Paredes (L) and Ariadna Paredes on April 20, 2023, in Cutler Bay, Florida. Joe Raedle | Getty Images Mortgage rates surged on Monday as bond yields rose due to investor concerns about prolonged high interest rates …
China’s real estate market is facing an acceleration of its troubles as home buyers hesitate to make purchases, resulting in weak sales and cash flow issues for developers. The top 100 developers have seen a drop in new home sales by about a third in June and July compared to the previous year. Edward Chan, …
Many Americans eagerly await their payday. According to a report by LendingClub, as of June, 61% of adults in the United States are living paycheck to paycheck. This means that they rely solely on their regular paychecks to cover essential living expenses, with little to no money left over. A survey conducted by Bankrate reveals …
A ‘richcession’ may be underway “In most recessions, unemployment rises more for lower-income groups,” explained Tomas Philipson, a professor of public policy studies at the University of Chicago and former acting chair of the White House Council of Economic Advisers. “Although we are not currently in a recession, the demand for and wages of lower-income …
The allure of Miami real estate is showcased as a real estate agent gives a prospective buyer a tour of a home. Image Source: Getty Images Last week witnessed the third consecutive increase in mortgage rates, reaching a level not seen in over two decades. Consequently, this surge in rates led to a decline in …
The luxurious Tuscan-style mega villa perched atop the hills of Malibu is back on the market, now with a hefty price tag of $44.5 million. Known as Malibu Rocky Oaks, this stunning residence is situated on 37 acres of land at an elevation of 2,000 feet in the Santa Monica Mountains. In certain weather conditions, …
Signage at a residential project developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Bloomberg | Bloomberg | Getty Images JPMorgan has revised its global emerging markets corporate high-yield default forecast, citing increasing concerns about contagion in China’s property sector due to the potential default by Country Garden. …
Residential home construction by Shea Homes builders is showcased in Encinitas, California, on May 16, 2023. Photo: Mike Blake | Reuters The rising interest rates in the mortgage market are delivering a blow to potential homebuyers and causing a slowdown in the homebuilding industry. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing …
Country Garden Holdings Co.’s Fengming Haishang residential development in Shanghai, China, on Tuesday, July 12, 2022. Qilai Shen | Bloomberg | Getty Images Shares of beleaguered Chinese real estate company Country Garden Holdings slumped to an all-time low on Friday as the company issued a profit warning a day earlier. The stock fell to an …