Affordability

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X @Bloomberg
Bloomberg· 2025-09-25 13:52
Sales of previously owned homes in the US slipped slightly in August, a sign that affordability constraints continue to grip the housing market https://t.co/mMgr7hzKa5 ...
Government Shutdown Latest: Dems aim to force GOP to address 'health care crisis'
MSNBC· 2025-09-24 19:07
Joining us now is David Ducker, senior writer at The Dispatch and an MSNBC contributor. Basil Michael is former executive director of the New York State Democratic Party and an MSNBC analyst. So, eight words, David.Cancel the cuts, lower the cost, save healthare. Is that the slogan that's going to give Democrats an advantage over Trump and the Republicans because this fight is looking to get messy. Yeah, that's doubtful.Uh, Americans don't like government shutdowns. They think they're an illegitimate form o ...
US New-Home Sales Unexpectedly Surge
Bloomberg Television· 2025-09-24 14:27
Some breaking economic data coming in much better than expected. New home sales rise 800,000 an annual rate the estimate had been for 650,000. That also means that the sales percentage change month over month is 20.5%.The expectation had actually been a decline of.3%. So it is a stronger number but not a roaring market. It does underscore the fact that mortgages Matt have come in.The mortgage rate looks to be around the lowest since the start of the year, but we've had a Fed that's cut 125 basis points over ...
‘It’s always been the economy’: DNC Chair shares focus of Democratic party
MSNBC· 2025-09-22 18:15
Three states are gearing up to give Democrats three very big clues about the state of politics and what voters are thinking. There are off-year races unfolding right now in New Jersey, Virginia, and California. Money is pouring in, ads are going up, and for a sense of the stakes, look no further than the explosive debate between the two people vying to become the next governor of New Jersey.A race one local reporter describes as getting more bitter by the day. My opponent on Friday went down to Washington, ...
New data shows Gen-Z young men trending toward the GOP
MSNBC· 2025-09-22 10:00
New data shows the Republican party making strong gains with young men from generation Z. This report comes from Decisiones HQ, suggesting Gen Z is trending differently than their older counterparts, millennials. The younger generation, especially young men, are moving toward Republicans.Some polling released in June, found Republicans edged out Democrats among young men at 48% to 42%. This voting block is credited with helping to secure President Trump's 2024 win and is a key target for Democrats this upco ...
Trump 'shown more disregard' for economic well-being of young people than any president: Elson
MSNBC· 2025-09-19 20:32
All right, let's focus in on unemployment and the politics of this year. Gen Z is struggling economically. Youth unemployment is at 10.5%, double the national average according to the Bureau of Labor Statistics.About one in three young adults still live at home. A new study shows 70% of Gen Z loses sleep over financial stress. The political figures that are resonating with parts of Gen Z speak directly to these economic struggles.Charlie Kirk was one of them. Here he was back in 2012 on his first Fox News a ...
Lennar co-CEO on Q3 earnings miss: This has been a difficult housing cycle
CNBC Television· 2025-09-19 16:46
Financial Performance - Lennar's Q3 experienced a downturn, with revenue falling short of expectations and deliveries being lower than anticipated [1] - Lennar's home building gross margins decreased to 175%, a significant drop compared to 29% in 2022 [1] Market Conditions and Affordability - The housing cycle has been difficult, with softening market conditions and affordability issues impacting sales volume [1] - Maintaining sales volume required additional incentives to avoid building excess inventory [1] - Lower interest rates this month were encouraging, but production is slowing and delivery guidance is being lowered [2] - Average selling prices declined by 9% [3] - Affordability was stretched, leading to incentives such as buying down mortgage rates and lowering prices [4] Cost Management - Trade partners have been reducing costs to maintain volume, recognizing the impact of reduced home building [2] Industry Outlook - Most big builders are offering incentives due to stretched affordability [4] - Only Toll Brothers, a luxury home builder, expressed optimism about the months ahead at a housing conference [4] - The market is being recalibrated to avoid pushing too hard on a market that doesn't want to be pushed [3]
X @The Wall Street Journal
The Wall Street Journal· 2025-09-19 00:59
From @WSJopinion: The Democrats’ agenda shouldn’t be advertised as a campaign to save stranded polar bears or curb carbon emissions. In 2026, it’s affordability, stupid: Electricity supply up, electricity bills down, writes @RahmEmanuel. https://t.co/nAqN66Lwmt ...
Lower rates will widen the pool of prospective homebuyers, says UBS' John Lovallo
CNBC Television· 2025-09-17 18:22
We're joined by John Lvalo, US homebuilders analyst at UBS. John, good to see you. >> Thanks for having me.>> I mean, a lot of moving parts in terms of what drives housing demand and supply, I guess. U quarter point. You think that's enough to excite consumers or is that part of the process of rebuilding it.>> I actually think the most important thing is rate stabilization. So, we're at 6.15% as Diana said, that's most important. Now, to the extent that we get a cut today and the long end of the curve follo ...
X @Bloomberg
Bloomberg· 2025-09-17 10:27
Austria is extending a limit on home-rental-fee increases to the free market in its latest measure aimed at improving affordability and tempering price pressures https://t.co/oc5cv8rOMy ...