Text size Fears of a housing crisis are likely overblown. Stefani Reynolds/AFP/Getty Images About the author: Ken Shinoda is a portfolio manager with Jeffrey Gundlach and Andrew Hsu of the DoubleLine Total Return Bond Fund. In the depths of the pandemic lockdowns, some feared housing price and mortgage implosions on a scale of the 2007-2009  ...

U.S. Department of Housing and Urban Development Secretary Marcia Fudge dubbed sunny Miami the “epicenter of the housing crisis in this country” during a visit Tuesday.  Fudge made that stark remark on Miami’s affordability issues while visiting Liberty Square, a public housing complex in the South Florida city, according to the Miami Herald. To anyone ...

Dealmaking fees at top investment banks slumped by as much as 56% during the first half of 2022, as recessionary fears and rising interest rates have halted a boom that broke records last year. A sharp downturn in equity capital markets activity, as both the surge in special purpose acquisition companies last year tumbled and initial public offerings ...

Renting an apartment in New York City this summer? Say hello to sky-high prices and a fight to the finish. Amid the heat and the occasional rain, there’s a mad scramble to rent affordable apartments in Gotham, which has been undersupplied for many years. Real estate agents describe the mayhem when it comes to prices. ...

Dylan Holland and Breanna Cameron started shopping for their first home in the Atlanta suburbs in December 2021, with a budget of about $350,000. They quickly discovered they would have to do a lot more than they had planned to get a home. The couple wanted to buy before Mr. Holland’s lease ended in July ...

Say you own a highly-appreciated vacation home that you’re ready to unload for whatever reason. If you simply sell it, you could face a whopping big income tax bill. See my earlier column on that unfortunate outcome. Ugh. But if you’re still bullish on real estate and not a fan of paying taxes unnecessarily, you ...

The Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion, along with  Yasir Naqvi, Parliamentary Secretary to the President of the Queen’s Privy Council for Canada, Minister of Emergency Preparedness, and Member of Parliament for Ottawa-Centre, and Councillor Catherine McKenney, Special Liaison for Housing and Homelessness for the City of Ottawa  announced over $22.4 million of federal funding that ...

The housing market may be slowing down, but owning a home is still a costly proposition. Two charts reveal exactly how expensive it is. Just over a year ago, the monthly cost of owning and renting were practically identical, according to a blog post from John Burns Real Estate Consulting. “Now, owning a home costs ...

Hi, MarketWatchers. Don’t miss these top stories. Crypto crash FOMO? ‘I missed the bus on Bitcoin, but now feel like my time has come. Is it time to go big or go home? I have another 25 years of a boring 9-to-5 job, and I just want out.’ ‘I sit here day after day, doing ...

House prices have been ballistic over the last two years, in part due to a big shortage in housing materials. A new report lays out what elements actually go into building a home, highlighting how complicated — and expensive — the process can get. “In the last three years, the cost to build a home ...