Falling house prices in London and the UK, as well as in Sweden, are impacting the real estate market. The Bank of England warns that falling house prices could worsen the mortgage crunch for UK households. Despite this, some sellers in London see an opportunity as prices remain steady. In South Florida, home prices continue to rise despite a drop in sales. The housing market is showing signs of recovery with rising listings and sales. However, high interest rates are curbing investment, leading London's richest homebuyers to choose renting over buying. The American dream of homeownership is slipping out of reach for many due to high borrowing costs and affordability issues. Polls show declining faith in the American Dream and economic unease under the Biden administration.
It's never been harder to build wealth. Blame high interest rates and the US housing market. https://t.co/QHEx2Lmm51
Polls are telling a consistent story, with Biden failing in 11 of 13 polls this month, in most cases behind Trump. The Dems could use a new candidate. https://t.co/gJSCHekPjV
High borrowing costs are destroying dreams of homeownership around the world https://t.co/prIWOVQAzO https://t.co/zYdlr7CQag
It may not be the greatest time to sell real estate in London. But with prices remaining steady and deal volume down, some sellers see an opportunity. https://t.co/V6tKfiE3nv https://t.co/V6tKfiE3nv
Biden’s poll numbers aren’t just bad — they’re getting worse https://t.co/zZwgnjKntS
Some of London’s richest homebuyers are choosing to rent rather than buy as high interest rates and a tough tax environment curb investment https://t.co/d9PFpLuqaT
Many homebuyers abandoned the resale housing market last month, as elevated rates and rising home prices crushed affordability. https://t.co/acpnuda9Jc
While property sales have slumped, the number of homes for sale per estate agent office is at a five-year high. But rising cost pressures on bigger houses that are hard to shift and a dearth of suitable smaller properties are making conditions tough https://t.co/2iNXfpLNbi https://t.co/CsZ888ruZw
Faith In The American Dream Plummets Under Biden: POLL https://t.co/galracMcfL
Survey reveals declining faith in American Dream and economic unease https://t.co/GZHXbWNVeQ https://t.co/QeTxiewJA7
Millenial Homeownership Rates Are Behind https://t.co/xhXM9lBsoK
Millennials might own fewer homes and make less money — but they're on track for a better retirement. https://t.co/L4RdBgefhx
EQUITY: Biden's pressure on private and public employers to focus on equity, means Americans no longer believe that anyone who works hard can get ahead unless they are a member of a preferred class. The American Dream is slipping out of reach for most. https://t.co/IeunJGrRNU https://t.co/46zlOHVgmM
The U.S. housing market has shattered the stereotypical American dream: The dominant group of homebuyers is getting older. https://t.co/dfI2MsLmWs https://t.co/fUgQzfK58R
Higher interest rates are shattering housing dreams around the world. The real estate bonanza that fueled wealth for millions of people is over https://t.co/wjXWAr0GQz
Why is the American Dream slipping out of reach for so many? Because the people in power broke the money. Americans are working harder for less and less as the money they are being compensated in is consistently being devalued. https://t.co/76GOnKIuM8
Why is the American Dream slipping out of reach for so many? Because the people in power broke the money. Americans are working harder for less and less as the money they are being compensating in is consistently being devalued. https://t.co/sXML101dMn
The cost of home loans has more than doubled throughout the world, per Bloomberg: https://t.co/02UlFnYUkQ
"We are in a very unique housing cycle," NAR's Lawrence Yun says. "With higher mortgage rates, it's really hurting the first-time buyers from entering the market. First-time buyers comprising less than 30% of all transactions, it should be closer to 40% in normal circumstances. https://t.co/E2oqt6OuJ0
Home prices are poised to drop as the frozen housing market thaws, 2 top experts say https://t.co/Y9MCsOL9EB
Not so thankful anymore! Only 36% of voters think the American Dream is still attainable - in damning indictment of US under Biden https://t.co/FeOQgy8ysa https://t.co/j5eI70tzaZ
Not so thankful anymore! Only 36% of voters think the American Dream is still attainable - in damning indictment of US under Biden https://t.co/DBqLzQih8U https://t.co/jGFtP4lIYv
New research from economists at the Bank of England suggests the housing market, which is already in decline, is approaching a tipping point that could precipitate a real crash. https://t.co/xDFBATeGMK
Polls that show Joe Biden trailing other candidates aren’t worth much at this point. What voters are saying about the economy is what Democrats need to be alarmed about. https://t.co/4XaWY1DRJ8
The American dream—the proposition that anyone who works hard can get ahead, regardless of their background—has slipped out of reach in the minds of many Americans. @aaronzitner with the latest findings from the Wall Street Journal/NORC survey: https://t.co/7PL8X1mZl8
The housing market is flashing fresh signs of recovery as rising listings and sales point to a possible thaw https://t.co/vXCLKaYLDz
An irony is that older/retired homeowners have become pessimistic about the American dreams while younger people are struggling to attain the American dream because so many homes are owned by older/retired Americans: https://t.co/VMo1OeG6a2 https://t.co/12Yw4Bvb6U
There has been an "unseasonal uptick in the total number of homes for sale, which is at its highest level since the start of the year," according to a report from Redfin.
New housing starts in Sweden fall to the lowest in more than a decade, as building activity grinds to a near-halt following a decline in home prices https://t.co/b1TyQp2Nqq
New housing starts in Sweden fall to the lowest in more than a decade, as building activity grinds to a near-halt following a decline in home prices https://t.co/uQpBoKQvp8
A growing number of London’s richest homebuyers are choosing to rent rather than buy as high interest rates and a tough tax environment curb investment https://t.co/OGCKOkS9py
A growing number of London’s richest homebuyers are choosing to rent rather than buy as high interest rates and a tough tax environment curb investment https://t.co/Yx95h9qP9u
OBR forecasts: Falling house prices, sticky inflation and weaker economic growth https://t.co/Go1xoUUTGa https://t.co/PjNFPhH3mQ
Falling house prices could worsen mortgage crunch for Britons https://t.co/XKic316zgu via @LucyGJWhite https://t.co/P6gkUKPjlh
Home prices in South Florida defy the odds and keep rising despite a drop in sales https://t.co/Pt5i7wecNR
Falling house prices could worsen the crunch facing UK households when they come to remortgage, according to Bank of England research https://t.co/X7iFejyuUy
Falling house prices could worsen the crunch facing UK households when they come to remortgage, according to Bank of England research https://t.co/2OYwHjYTcq
Falling house prices could worsen the crunch facing UK households when they come to remortgage, according to Bank of England research https://t.co/Gk7PS6KTAH
It may not be the greatest time to sell real estate in London. But with prices remaining steady and deal volume down, some sellers see an opportunity. https://t.co/Cn6Rr8fn2Z https://t.co/Cn6Rr8fn2Z