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In a hot real estate market, cash is king. Can typical buyers stage a coup?

In a hot real estate market, cash is king. Can typical buyers stage a coup?

by Molly Boigon | May 18, 2022 | Economy

When Cheron Robinson, 46, and his wife, Lanette, 48, started looking for a new home in the Atlanta metro area in 2019, they got outbid on the first two homes they were interested in by cash investors. The Robinsons were already homeowners, but to make a cash offer of...
Housing price growth continued in January, as supply chain issues and high demand hiked costs

Housing price growth continued in January, as supply chain issues and high demand hiked costs

by Molly Boigon | Mar 30, 2022 | Economy

Housing price growth continued in January, a sign that low supply and a dearth of new construction are keeping costs high. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 19.2 percent gain from last January, up from 18.9 percent in...
Protected: Housing prices in Phoenix are skyrocketing. What does that mean for the rest of the U.S.?

Protected: Housing prices in Phoenix are skyrocketing. What does that mean for the rest of the U.S.?

by Molly Boigon | Mar 18, 2022 | Economy

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Housing price growth reached 34-year peak in 2021

Housing price growth reached 34-year peak in 2021

by Molly Boigon | Feb 24, 2022 | Economy, Featured, Housing

Housing prices in the nation’s largest cities increased last year at the fastest pace in three decades, though rising mortgage rates could cool the red-hot market this year. National home prices rose by 18.8% from a year earlier, according to the S&P CoreLogic...

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Welcome to Issue Number One

Welcome to Issue Number One, a site covering the economy produced by young journalists in New York City. Email the editor Greg David at gregdavid49@gmail.com.

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