News

Could homebuyers finally catch a break? Experts predict a housing glut in 2024

Morgan Stanley says there could be an improvement only seen “a handful of times” over the past 35 years
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Can empty office space fix the housing shortage?

Faced with surging housing demand and not enough supply, developers in major cities are getting creative by transforming vacant office space into apartment buildings
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German bank warns of ‘greatest real estate crisis since the financial crisis’

There are striking similarities between the German and U.S. commercial real estate markets
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A 'perfect storm' led to the worst year for home sales in nearly 3 decades

Millions of Americans simply refused to list their homes in 2023, as rising mortgage rates forced homeowners to stay put
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China’s real estate crisis threatens the country’s largest banks

The world’s second-largest economy is in the midst of a full-blown property downturn, with banks resorting to desperate measures to balance their books
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America's middle class could be hit with a stealth tax hike

The clock is ticking on Trump administration tax cuts that expire next year, triggering a wave of potential tax hikes on many Americans in their wake
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America's biggest cities are becoming unaffordable for even dual-income households

Four cities—Los Angeles, St. Louis, Boston, and San Jose—are 100% unaffordable for the average family, according to a recent study
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Billionaire sees ‘cat 5 hurricane’ coming for commercial real estate

“It’s sort of a blackout hovering over the entire industry…”
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Student loan borrowers stage ‘massive student debt strike’

Student loan payments are due, but tens of millions of borrowers are refusing to pay
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Corporate debt collapse fears may come true this time

This spells real trouble for corporate debt investors—that is, virtually everyone with a brokerage account or 401(k)
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Banks pull the plug on risky loans for struggling borrowers

Low-income households are finding it harder to get the financing they need as banks tighten lending requirements
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Why the death of remote work isn’t making suburbs cheap again

Work-from-home made living in the suburbs a lot more expensive, and that’s unlikely to change even as more people return to the office
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Auto insurance costs have soared 50% over 3 years

Very few categories of inflation have been worse than auto insurance rates
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'Soft landing' means top 1% gets record stock prices while you get stuck with inflation, analyst says

The top 1% own 54% of stocks; they’re getting richer while most Americans struggle with the inflation hangover
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Millennials own less than half the real estate wealth of boomers—can they catch up?

The ripple effects of the Fed’s policy that locked Millennials and Gen Z out of the housing market
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Real-time student debt tracker


Auto loans could pose a bigger threat to young Americans than student loans

For the first time, the outstanding volume of auto loan debt just surpassed student loan debt
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Bank of America customer? Your credit card details might have been leaked

Cybercriminals can use this information to open unauthorized credit accounts, make illegal purchases, and even obtain loans.
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U.S. workers are still landing remote jobs using a clever trick

American employers are implementing return-to-office policies, but workers can get around them by landing remote jobs overseas
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New homeowners are bleeding money on their homes

From Manhattan to Memphis, recent homeowners are losing hundreds of dollars a day as higher rates sting
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