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An influx of young people entering the housing market next year will lead to a homebuilding boom, analyst says
The trend of underbuilding in the US housing market could reverse as builders rush to meet a wave o…
Jennifer Sor
What you need to know about Kamala Harris' 'opportunity economy'
Harris touted her plan to build an "Opportunity Economy" during her first presidential debate with …
Kwan Wei Kevin Tan,Joshua Nelken-Zitser
A New Jersey homebuilder who pays his workers over $100,000 wants young people to know construction can be a lucrative career that doesn't require college — and businesses are desperate to hire
There's a growing shortage of skilled construction workers, and long-time contractor Michael Bodei …
Eliza Relman
Warren Buffett's company is so big it's like a mini US economy. Here's what it signals about the state of consumers.
Warren Buffett's Berkshire Hathaway owns scores of companies across a range of industries, and stro…
Theron Mohamed
Gen Zers and millennials are willing to go on summer vacation at all costs. Literally.
Multiple surveys also found young people are willing to put travel plans ahead of their financial g…
Dan DeFrancesco
The Fed's first rate cut of 2024 could come next month if the labor market slows
Markets are only pricing in a 10% chance of an interest-rate cut in July, according to the CME FedW…
Matthew Fox
'Bond King' Bill Gross warns mortgage rate surge will hammer homebuilding – and may herald an economic downturn
Soaring mortgage rates will dampen construction activity, paving the way for slower growth and cool…
Theron Mohamed
A policy that's supposed to create more affordable housing often backfires, leaving cities with higher home prices and rents. There's a way to fix that.
Inclusionary zoning is often so expensive that developers build less housing overall. Making it vol…
Eliza Relman
The sharp rise in US immigration explains why the labor market is so loose and the housing market is so tight, JPMorgan says
Immigration has added close to 3.3 million people to the US in 2023 and 2024. JPMorgan explains the…
Filip De Mott
The economy is fantastic — unless you want a new job, a new home, or a new car
High mortgage rates, expensive auto loans, and a static labor market make it hard for people to mov…
Emily Stewart
The steepest mortgage-rate plunge since 2008 is boosting homebuilder stocks to fresh highs
Shares of Toll Brothers, Lennar, and DR Horton as well as a homebuilder ETF have all notched new re…
Jennifer Sor
A trusted indicator is fueling recession warnings from Jeremy Grantham and other gurus. What you should know about the Leading Economic Index.
The Leading Economic Index has declined for almost two years, fanning recession fears among top inv…
Theron Mohamed
2 reasons the US is in a major housing shortage, construction can't get done, and houses cost more than many Americans can afford
Spikes in material costs have added $18,500 to the price of an average new single-family home. Plus…
Alcynna Lloyd
The nation's largest homebuilder says more buyers are cancelling deals amid growing real-estate market pessimism
Nearly 1 in 4 buyers canceled contracts with D.R. Horton, the nation's biggest homebuilder, this pa…
Alcynna Lloyd,James Rodriguez
A Gen Xer with paralysis says he has no choice but to drive for Uber and Lyft to earn a paycheck here's how he makes it work
Robert, 56, drives for Uber and Lyft but said he has no other options to supplement his disability …
Noah Sheidlower
Newcomers flocked to Zoomtowns. Now long-time residents are fighting back.
America's midsize cities exploded over the past few years. Now residents, new and old, are fighting…
Emily Cataneo
Homebuilder confidence drops to the lowest in 10 months as high mortgage rates freeze the housing market
"The housing affordability crisis can only be solved by adding additional attainable, affordable su…
Phil Rosen
3 signs the housing market is slowing down
A vibe shift is happening in the housing market. Experts point out three underlying fundamentals th…
Alcynna Lloyd
Biden just unveiled a new plan to make housing more affordable as Congress dithers on their economic agenda
The White House plans to use federal dollars to entice cities to build more affordable single famil…
Alcynna Lloyd,Joseph Zeballos-Roig
Homes made in factories were supposed to save us from the housing crisis, but the companies that make them are failing
Factory-built homes could help solve the housing-affordability crisis, but the companies attempting…