Consumer confidence has tanked due to tariff fears. A Redfin survey conducted from April 10 to 14 found that nearly a quarter (24%) of American respondents have canceled major purchases, such as homes, due to tariffs, with an additional 32% stating they plan to delay any major purchases until they regain confidence in the […]
Florida Governor Ron DeSantis has called property taxes “the more oppressive and ineffective form of taxation” and is looking at ways of reducing or implementing this tax. In America, one never truly owns their home. Even if you’ve paid off your mortgage, you’re still paying rent to the government for the privilege of staying in […]
Tariff threats have dampened homebuilding confidence. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index dropped five points from January into February to a reading of 42, the lowest reading in five months. Builders were initially hopeful that the Trump administration would remove some red tape regulations to streamline the process. However, these […]
Governments worldwide are at a loss on how to solve the housing crisis. Prime Minister Pedro Sánchez of Spain believes placing a 100% tax on properties purchase by non-European Union residents will solve the crisis. He’s wrong. “The West faces a decisive challenge: To not become a society divided into two classes, the rich landlords […]
Washington state Democrats accidentally leaked a document entitled “2025 Revenue Options” describing how they plan to hunt down citizens for additional taxes. An email containing the document and an accompanying PowerPoint presentation was sent to everyone in the Senate and entail exactly how they will wordsmith their way into extorting the people. “Do say: ‘Pay […]
Home sales in the US rose to a four-year high after rising 12.1% YoY, according to a new Redfin report. As I stated, we are entered a buyer’s market in May of 2024 in line with the ECM. Gone are the days of bidding wars and skipped inspections. Home inventory has picked up significantly but […]
Inflation data is skewed and does not factor in the reality that the costs of basic necessities like food and housing have not waned significantly since COVID began. Shelter costs, in particular, have become unaffordable for the majority. Redfin recently reported that 74% of Americans earning under $50,000 are seriously struggling to maintain consistent payments […]
The home buying frenzy seen during the pandemic years has ended. We are no longer in a seller’s market as the tides have shifted. The National Association of Realtors reported that home sales in the US slowed to a 14-year low this September. Sales declined 3.5% on an annual basis. Existing homes declined 1% […]
The Department of Housing and Urban Development is toying with the idea of providing American renters cash aid instead of vouchers. Current vouchers only demand that tenants pay 30% of their income on rent, while the US taxpayers foot the rest of the bill. The department says it is still too difficult for would-be tenants […]
The US government highly favors migrants over citizens. California’s Senate passed a bill that will permit illegal migrants to secure housing loans at 0% interest with a 0% downpayment. They will receive grants of up to $150,000 to use toward the home. California citizens are handing these people free healthcare, debit cards, phones, and now […]
