Credit Downgrade Fuels New Challenges for U.S. Housing Market
Credit Downgrade Fuels New Challenges for U.S. Housing Market In recent months, the U.S. housing market, a crucial component of the nation’s economic engine, has found itself entangled in new challenges, driven significantly by a credit downgrade that has shaken investor confidence. This downgrade, emerging amidst broader economic uncertainties, poses short- and long-term repercussions for […]
Rising Interest Rates May Trigger Unstoppable U.S. Debt Spiral
Rising Interest Rates May Trigger Unstoppable U.S. Debt Spiral In the complex world of global finance, few dynamics are more critically dissected than the interplay between interest rates and national debt. Recently, as the Federal Reserve continues its campaign of interest rate hikes to combat inflation, economists and policymakers are sounding alarms over the potential […]
U.S. Department of Education Resumes Collecting Defaulted Student Loans – Real Estate Investing Today
The U.S. Department of Education recently announced that, effective May 5 2025, it will resume collections of defaulted federal student loans. The department says there are 42.7 million borrowers that owe more than $1.6 trillion in student debt as well as over 5 million borrowers have not made a monthly payment in over 360 days […]
2024: A Year of Extreme Weather Across the U.S.
[ad_1] A Year of Weather Extremes: Recap of 2024 The year 2024 brought an array of weather extremes across the United States, marking one of the most tumultuous years in recent memory. From hurricanes and wildfires to record-setting tornadoes and flooding, nature’s force left a lasting impact on millions. Here, we’ll take a closer look […]
September saw a 0.4% increase in U.S. construction spending, according to the latest report from Real Estate Investing Today.
According to a report by the U.S. government, total construction spending in September 2023 reached a seasonally adjusted annual rate of $1,996.5 billion. This represents a 0.4% increase compared to the revised estimate for August and an 8.7% increase compared to the same period last year. Residential construction also saw growth, with a seasonally adjusted […]
Original: U.S. Homeownership & Rental Vacancy Rates for Q3 2023 – Real Estate Investing TodayRewritten: Homeownership and Rental Vacancy Rates in the United States for Q3 2023 – Real Estate Investment News
The U.S. government has released data on national vacancy rates for Q3, 2023. The vacancy rates for rental housing were reported at 6.6%, while for homeowner housing, the rates were 0.8%. The homeownership rate for Q3, 2023 was 66%. Out of all housing units in the United States during this period, approximately 89.6% were occupied […]
U.S. Employment Situation – August 2023
Total nonfarm payroll employment increased by 187k, in August 2023, with the unemployment rate rising to 3.8%.