US housing market is a ‘slow-moving train wreck’, expert says
A New York Times bestselling author and real estate entrepreneur has begun repeating similar warning signs amid “massive” problems within the commercial sector. “This is a slow train wreck,” Bear Trap Report founder Larry McDonald said on “Morning with Maria” on Tuesday. “This is why the Fed is such a beast in the market, with […]
Christian Pastor Fights Back In Court After Ohio City Charges Him For Housing The Homeless In His Church
This image taken from video provided by WTVG shows Dad's Place Pastor Chris Avell (right) sitting inside the Bryan District Court on Thursday, January 11, 2024 in Bryan, Ohio. The Church of Christ filed a federal lawsuit on Monday, Jan. 22, alleging the northwest Ohio city violated zoning laws by keeping its church open 24 […]
Hawaii governor focuses on Maui recovery efforts, housing in State of the State address
Hawaii Gov. Josh Green led lawmakers and guests Monday in his annual State of the State address, observing a moment of silence for the victims of the Lahaina wildfires and announcing more efforts to respond to both Maui and Hawaii. Proposed proactive steps to transition vacation rentals to residential use. The state's severe housing needs. […]
Republicans probe DHS Secretary role in housing migrants on federal lands
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Housing Market ‘Comeback’ Isn’t What It Appears, We’re Still In Trouble
On Monday, Axios tried to gaslight its readers into thinking the housing market is in some kind of recovery, or “comeback,” when that is far from the truth. That's what journalist Emily Peck tried to do in an Axios AM summary email sent Monday morning. claim “There are some early signs that the market is […]
Maryland Black Caucus releases legislative agenda, prioritizes housing and criminal justice reform
Maryland's Black lawmakers on Thursday highlighted a series of measures that prioritize improving health, housing access, business opportunities for minorities, education and criminal justice reform. Rep. Janelle Wilkins, chair of the Maryland Legislative Black Caucus, said the caucus, which includes 66 of the 188 members of the Maryland General Assembly, is the largest caucus of […]
Opioid settlement funds can help create and expand recovery housing
In 1987, the American Medical Association officially declared addiction a chronic disease. Recently, it has become clear that this disease has permeated every aspect of our society. The most recent available data shows that nearly half of U.S. adults have experienced drug use problems in their family. The actual number may actually be even higher. […]
Housing Starts Beat Expectations, Single Family Permits Rise for 11th Straight Month
Home builders broke ground on new projects at a faster-than-expected pace in December and set plans for future construction, but this puts them on an economic footing that may be too strong to justify interest rate cuts earlier this year in 2023. It's the latest sign that the year is over. Housing starts, a broad […]
Housing starts fall in December despite sharp drop in mortgage rates
Mitch Roschelle, founding partner of Macro Trends Advisors, has joined Varney & Co. This is to discuss the housing market under the Biden administration as monthly mortgage payments continue to rise. Despite a sharp decline in mortgage rates, construction of new homes in the United States fell for the first time in four months in […]
UK housing market sees ‘respite’ as mortgage rates ease | Property
Research sources say the housing market has experienced some “rest” in recent weeks as mortgage rates ease after a tough 2023. A December report from the Royal Institution of Chartered Surveyors (Rics) said that while inquiries from new buyers had fallen in recent months, the trend was nearing a flattening. A Rix survey of real […]