Free Republic

<p>Blackrock is buying every single family house they can find, paying 20-50% above asking price and outbidding normal home buyers. Why are corporations, pension funds and property investment groups buying...</p><p>So who is Blackrock? Only the worlds largest asset manager and the leading proponent of The Great Reset. Theyre looking to redistribute -Get this- $120Trillion dollars. The entire wealth of the worlds middle class and poor combined several times over.</p>

President Trump is attacking Democrats on a new front: suburbia. "They want to eliminate single-family zoning, bringing who knows into your suburbs," Trump said on a July campaign call. While it's unclear whether Trump's veiled appeal to racial anxieties will help his poll numbers, the focus on single-family homes has touched on a contentious debate in a growing number of communities. Around the country, cities and states are grappling with how zoning rules have deeply codified racial inequity and exacerbated climate change.

President Trump had a great riff at his rally the other day in Phoenix. It was all about “abolish,” about how the Left wants to abolish the police, ICE, bail, even borders. Trump’s riff is effective because it is true. The Left has gone off the deep end, and they’re taking the Democrats with them. Well, there’s another “abolish” the president can add to his list, and it just might be enough to tip the scales this November. Joe Biden and the Democrats want to abolish America’s suburbs. Biden and his party have embraced yet another dream of the radical...

California may be on the verge of eliminating single-family zoning statewide. This is huge. And it’s a sign of how quickly the politics around housing and land use have shifted in just the last year. ... Senate Bill 50 — San Francisco Sen. Scott Wiener’s bill to allow denser, taller housing ... Single-family houses could be converted to four-unit buildings, by right, anywhere in the state. That is, a property owner could subdivide or remodel a house to turn it into four apartments. Or a developer could build a fourplex on a vacant single-family lot. ... Let’s just pause on...

Sales of new single-family U.S. homes rose by 5.7% in September as prices fell to the lowest level in nearly a year...New home sales climbed to an annual pace of 313,000 in September from August's slightly revised level of 296,000...

Housing starts surged 15% in September to the highest level in 1 1/2 years, according to government data... ...The Commerce Department said starts rose to a seasonally adjusted annual rate of 658,000, which also is 10.2% above the September 2010 reading and the best level since April 2010 — the month the homebuyer tax credit expired. The figures were well ahead of the 590,000 forecast in a MarketWatch-compiled economist poll. The rise was led by a 53% surge in starts of buildings with five or more units to 227,000, the best reading in three years; single-family starts rose a more...

WASHINGTON (MarketWatch) — Sales of new single-family homes fell 1.0% in June as purchases in the Northeast dropped to the lowest level since the government began tracking the data in 1973. Single-family sales fell last month to an annual rate of 312,000, the Commerce Department said Tuesday. Economists surveyed by MarketWatch had expected sales to climb to an annual rate of 325,000 on a seasonally adjusted basis. Sales for May were revised slightly lower to an annual rate of 315,000. Sales of single-family homes sank 15.8% in the Northeast and 12.7% in the West. The Midwest saw sales climb 9.5%...

Compared with June 2010, sales fell 8.8%. Economists polled by MarketWatch had anticipated a 4.9 million sales rate. The data caught economists by surprise in part because pending homes sales were up 8.2% in May. Lawrence Yun, the chief economist of the NAR, said that “a very weak economy [led] to weak sales.” Cancellations spiked to 16% — the highest rate since the trade group started measuring them in May 2010 — way up from 4% in May but also above the typical 10%. Yun speculated that appraisal difficulties, financing problems and typical buyer’s remorse may have been behind the...

Last year was a record for the nation's home building industry . The Commerce Department reported Thursday that construction of single-family homes and apartments totaled 2.065 million units last year. The increase of 5.6 percent over 2004 pushed overall residential construction to the second highest level on record, exceeded only by 2.357 million units built in 1972. Meanwhile, single-family home construction hit an all-time high for the third straight year, rising to 1.714 million units, up 6.4 percent from the previous record of 1.611 million homes built in 2004. The record-setting performance came despite the fact that housing activity dropped...