The narrative surrounding homeownership in America has taken a troubling turn. With significant increases in rental populations across the suburbs, an unsettling reality emerges: traditional pathways to homeownership are increasingly blocked for average citizens. A recent analysis by Point2Homes highlights an alarming trend where, between 2018 and 2023, more than half of the suburbs adjacent
Real Estate
In the current economic climate, navigating investment opportunities can feel like traversing a minefield. With the looming uncertainty that accompanies inflation fluctuations and interest rate trajectories, investors are caught in a critical waiting period. Bryan Whalen, Chief Investment Officer at TCW, aptly captures the sentiment that we find ourselves in a transitional stage where the
As the summer sun blazes, it’s easy to forget about the storms lurking on the horizon. However, with the National Oceanic and Atmospheric Administration (NOAA) forecasting a staggering 60% chance of above-average hurricane activity for this season, the message couldn’t be clearer: brace yourself. This hurricane season, expected to unfold from June 1 to November
Just last week, mortgage rates slid slightly, yet this minuscule change sparked no significant uptick in mortgage applications. According to the Mortgage Bankers Association (MBA), total mortgage application volume plummeted by 3.9% compared to the previous week. This oddity raises pressing questions: Are potential homebuyers intentionally refraining from entering the market, or are we grappling
The ongoing debate surrounding the massive tax cuts proposed by House Republicans reflects a staggering disconnect between political rhetoric and economic reality. As we stand on the brink of enacting a policy that reportedly promises tax relief yet threatens to deepen the nation’s debt crisis, it’s essential to weigh the potential ramifications of this legislation
The Hamptons, often heralded as the epitome of summer luxury, is experiencing an unsettling shift in its rental market. A staggering 30% reduction in rental activity compared to previous years, as reported by Judi Desiderio of William Raveis Real Estate, raises eyebrows. Brokers who specialize in ultra-high-end properties claim that their revenues have plummeted by
In a surprising move that demonstrates the occasionally opaque relationship between financial institutions and tech giants, Fannie Mae has formed a partnership with Palantir Technologies. This quasi-governmental financial entity is ostensibly teaming up with the defense-oriented tech company to tackle the pervasive problem of mortgage fraud in the United States. Fannie Mae’s CEO, Priscilla Almodovar,
In today’s unpredictable economic climate, where market fluctuations can trigger anxiety among investors, it seems logical to seek out safe havens. Agency mortgage-backed securities (MBS) have become a hot topic among financial experts, particularly amidst rising tariffs and geopolitical tensions that seem to stir the markets into chaos. John Kerschner, a prominent figure at Janus
When you embark on the journey of homeownership, the excitement is palpable. However, along with that thrill comes a lesser known, yet equally crucial, component: your property tax assessment. This assessment is not merely a bureaucratic formality; it is the mechanism through which local governments determine how much you owe in property taxes. If your
As we peer into the unpredictable horizon of the 2025 hurricane season, it’s crucial to recognize the implications of a projected 60% chance of an above-average season. The National Oceanic and Atmospheric Administration (NOAA) forewarns us with predictions of 13 to 19 named storms, among which six to ten could escalate into full-blown hurricanes, making