You Searched For "coronavirus housing boom" and got 20 results
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2 mins read
NYC hotel rooms are averaging over $300 a night as many hotels exclusively house migrants, reducing supply during a tourism boom
About 135 of the nearly 700 hotels in New York City are now sheltering asylum seekers, According to…
John L. Dorman
2 mins read
Lumber prices have skyrocketed 140% over the last year, but the economy might not be able to handle further increases in 2021, a chief market technician says
Lumber's 140% gain has outpaced every other commodity significantly over the last year, and one mar…
Emily Graffeo
4 mins read
How the reshaping of work made the 'exurbs' the place to be, and left the suburbs and cities behind
City dwellers are flocking to long-ignored "exurbs" because of cheap housing and space. It's early,…
Ben Winck,Hillary Hoffower
3 mins read
America's central bank helped spark the US housing boom. Now it fears it created a monster.
The Fed has bought nearly $1 trillion in mortgage bonds since March 2020. The purchases helped fina…
Ben Winck
3 mins read
The red-hot housing market isn't likely to crash soon. Experts warn prices will only climb higher from here.
The housing market looks safe from a crash, but that means prices should keep rising the rest of th…
Ben Winck,Libertina Brandt
2 mins read
US home prices jumped the most in 7 years in December as the housing-market boom charged into the new year, Case-Shiller says
Phoenix, Seattle, and San Diego saw the biggest home-price increases among the 19 cities surveyed i…
Ben Winck
2 mins read
Easy money for the economy has unintentionally created a 'boom in the gloom' by pushing up house prices, Morgan Stanley says
Surging home prices may have been led by rises in value for other assets, like stocks and bonds, pu…
Shalini Nagarajan
5 mins read
The latest terrible news for the stock market: The economy is booming again
A suddenly surging economy will force the Federal Reserve to keep hiking interest rates. When that …
Neil Dutta
2 mins read
Housing prices are booming in the area surrounding Tesla's planned Gigafactory in Austin, Texas
Since the electric car maker made the factory announcement this summer, housing costs in the Austin…
Emily Walsh
2 mins read
English housing market booms as Manchester agent closes £1m of sales a week
Manchester real estate is booming according to an agent who says his firm has done £1m of sales a w…
Natasha Solo-Lyons
2 mins read
Alexandria Ocasio-Cortez decries the student loan debt, low incomes, and climate change facing 'entire generations' as birth rates continue to fall
While new data shows a 7% drop in births in December - nine months after the pandemic began - exper…
Erin Snodgrass
8 mins read
After a year of booming tiny-house sales, experts say the movement is at a turning point
Insider spoke to industry leaders about what the movement needs to achieve in 2021 to transform the…
Frank Olito
3 mins read
High-earning Americans drove 2020's migration boom, and it shows how wealth is splitting the millennial generation
Americans are moving for the first time in a decade, with the wealthy leading the way due to remote…
Hillary Hoffower
2 mins read
US home prices climb record 3.1% as low mortgage rates fuel housing-market boom
Robust demand and low borrowing costs "will remain important tailwinds" through the end of the year…
Ben Winck
7 mins read
The coronavirus 'baby boom' is only for the rich and famous. Most people are too terrified to think about having kids right now.
In March, the internet mused about a lockdown-induced baby boom, but the only people who can afford…
Julia Naftulin
10 mins read
Reopening states aren't seeing an economic boom
States that reopened early like Georgia, Texas, Colorado, and Tennessee aren't seeing any significa…
David Plotz,Henry Blodget
2 mins read
New home sales leap to highest in nearly 14 years as market thrives on low mortgage rates
Sales jumped the most in the Midwest, soaring 58.8% to 127,000 units. Home sales shrank in the Nort…
Ben Winck
2 mins read
Larry Kudlow says economic recovery is not 'dependent' on a stimulus package, contradicting pleas from Fed
Fed Chair Jay Powell warned on Tuesday that the economy might falter if another stimulus package do…
Yelena Dzhanova
15 mins read
The Columbus, Ohio, Warehouse Boom: How warehouses brought stifling dust and diesel fumes and a chance for refugees to grab the American dream
A warehouse gold rush flooded Columbus with workers, bringing the American dream to some and a nigh…
Emma Cosgrove,Katherine Long
2 mins read
US 30-year mortgage rate falls to 2.88%, hitting a record low for the 8th time this year
The record low gives "potential buyers more purchasing power" and strengthens demand, said Sam Khat…