A Housing Crisis Is Brewing Because 4.3 Million People Can’t Pay Their Mortgages

Over 4 million individuals have not been able to pay their mortgage payments for 30 days or more. The housing market may see additional selling pressure as pressure on homeowners mount. Renters have also been unable to afford payments, putting additional risks on leasers. A staggering 4.3 million people have been unable to make their […]

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Here’s What the Quicken Loans IPO Tells Us About the U.S. Housing Market

Quicken Loans is planning an IPO. The mortgage lender is cashing out ahead of what could be years of low interest rates. A hot U.S. housing market looks to be on borrowed time as federal protections expire at the end of July. It turns out Quicken Loans wants an initial public offering (IPO). The mortgage […]

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You’ll Never Guess Who Boomers Will Blame for the Next Housing Crisis

Mortgage applications have risen in recent weeks as mortgage rates hit record lows. Millennials can’t afford to buy a house as many of them are struggling financially. The housing market probably won’t recover as fast as expected. The pandemic has hit the U.S. economy hard, and chances of a V-shaped recovery are minimal. The housing […]

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A $1.3 Trillion U.S. Housing Market Crash Is Imminent, and Inevitable

The U.S. housing market could lose 4% of its value. Unemployment claims and layoffs would be a headwind. Demand is expected to fall off a cliff thanks to the coronavirus pandemic. The U.S. housing market is going to be one of the biggest victims of the novel coronavirus pandemic as people lose jobs and the […]

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What Housing Market Crash? Home Prices Just Hit An 18-Year Record

Don’t be scared by doomsday headlines about a housing market crash. House prices are rising with strong economic data to back it up. None of the major 2008-crisis triggers are present this time around. Doomsday headlines about a housing market crash are circulating once again. But there’s little data to back this up. In fact, […]

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5 Reasons Why the Dow Jones Catapulted to a Record High Today

The Dow soared to a new all-time high on Monday. Little new information about the US-China trade deal emerged, but investor sentiment brightened anyway. Here are five reasons why the stock market rallied so aggressively today. When the US and China unveiled the “phase one” trade deal last Friday, the Dow Jones Industrial Average responded […]

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