Why aren’t home prices falling?

For years, the U.S. housing market boomed. Economic growth, cash flowing through the economy, and cheap mortgages all drove massive homebuyer demand for more than a decade.People have told me, “Home prices have raced higher, it’s unsustainable, homes are unaffordable; therefore, home prices must fal

Why Buying Now May Be Worth It in the Long Run

Should you buy a home now or should you wait? That’s a question a lot of people have these days.

Chicago housing market normalizing after unprecedented volatility during the pandemic

Like many other big cities across the country, the COVID-19 pandemic wasn’t kind to Chicago. People seeking more space to accommodate working from home led to a minor outflow of residents that put the housing market on pause.But people have returned to the Windy City and, lately, home prices have gr

Rithm will publicly offer up to 34.5M shares of common stock

New York-based asset manager Rithm Capital, the owner of multichannel lender Newrez, announced on Tuesday that it plans to raise money for “general corporate purposes” by selling up to 34.5 million shares of common stock to investors in a public offering.The company said underwriters will offer shar