houses

When the Federal Reserve began raising interest rates last year, many economists worried about a steep economic downturn and subsequent hit to the housing market. The economy held up surprisingly well, outperforming all expectations. But, now it appears that 40-year-high mortgage...

With a wealth of $239 billion, Elon Musk is the richest person in the world. Despite his large wealth, Musk has previously spoken out about material possessions and sold several houses he owned. A new report and internal probe showed a glass house may have been under construction for Musk in Texas...

After months of going down, sales of new homes unexpectedly increased despite widespread turbulence in the housing market. In August, new home sales increased by 28.8% to a seasonally adjusted annual rate of 685,000, the Census Bureau reported on Tuesday. Although the growth is positive for the...

U.S. house prices rose 17.7% from the second quarter of 2021 to the second quarter of 2022, according to the Federal Housing Finance Agency House Price Index (FHFA). House prices were up 4% compared to the first quarter of 2022. FHFA’s seasonally adjusted monthly index for June was up 0....

Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 ETF Trust (NYSE: SPY) total return over the last 12 months is 28.8%. But there is no question some big-name stocks performed better than others along the way. Invesco Mortgage...

Sam Zell is a real estate investing legend. He began his real estate investing career in college in 1961 and later founded Equity Group Investments. He recently spoke at the "Invest for Kids" conference in Chicago, detailing both his bearish and bullish views on the real estate industry....