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Category: US Real estate
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Fed Chair Jerome Powell Says a ‘Difficult Correction’ Should Balance US Housing Market
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China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 Days
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Wall Street Giants Want to Be Your Landlord – Data Shows Megabanks Are Buying up All the US Real Estate
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Data Suggests Fed’s MBS Operations and Wall Street Investors Behind Inflated US Real Estate Market
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US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon
Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next few months. Just recently PWC’s real estate […]
The post US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon appeared first on Bitcoin News.
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$1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases
The U.S. real estate market is facing a conundrum, as there’s now a tidal wave of renters who can’t pay rent and a massive number of mortgage defaults stacking up like never before. Amid the looming real estate chaos, the Centers for Disease Control and Prevention (CDC) enacted public health emergency powers to stop landlords […]
The post $1 Trillion in Housing Bonds: US Real Estate Crisis Held Back by Fed’s Mortgage Purchases appeared first on Bitcoin News.
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Renters Threaten US Real Estate Market, 20 Million Americans Face Eviction
The aftermath of the coronavirus-provoked business shutdowns in the United States caused a number of market observers to focus on the U.S. real estate and rental markets. As the federal moratorium on evictions reaches its expiry, a recent Aspen Institute report reveals that 20 million renters or around 20% of 110 million American citizens who […]
The post Renters Threaten US Real Estate Market, 20 Million Americans Face Eviction appeared first on Bitcoin News.
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US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments. The impact of the real estate crisis is also seen in rental and commercial real estate markets. Massive Declines […]
The post US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level appeared first on Bitcoin News.
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US Real Estate Market Shudders: Experts Predict 40% Lower Sales, March Contracts Dip by 21%
According to the National Association of Realtors, pending contracts for property sales dropped by 20.8% in March. Further, the 30-year fixed mortgage interest rate dropped to 3.43%, but a great majority of people are still not interested in buying or renting homes at the moment. Economists predict that home sales could shudder in the next […]
The post US Real Estate Market Shudders: Experts Predict 40% Lower Sales, March Contracts Dip by 21% appeared first on Bitcoin News.
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