News > U.S.
Goldman Sachs says 4 cities likely to see a 2008-style housing crash: report
2 monthes ago | By WGN TV
Goldman Sachs is predicting dark days in 2023 for some of the pandemic's red-hot U.S. housing markets.
The investment bank shied away from predicting a nationwide crash, but warned that residents in four cities in particular could see plummeting values that echo the 2008 housing collapse, according to a note to clients obtained by the New York Post .
The "overheated" markets mentioned in the note were: San Jose, California; Austin, Texas; Phoenix, Arizona; and San Diego, California.
Goldman now believes that interest rates will remain high longer than expected, and notified clients that...
Read more ...
Search by Tags
U.S. Style Market Nexstar News WireLed by Caitlin Clark, Iowa ends South Carolina's perfect season in women's...
In the biggest matchup of her life, Iowa's dazzling point guard poured in 41 points to set a NCAA Tournament semifinal scoring record and put her Hawkeyes into the championship... Read more ...
Storm collapses theater roof during concert in Illinois; 1 killed, 28 injured
A major storm system caused the roof to collapse during a heavy metal concert at the Apollo Theatre in Illinois. Read more ...
At least 7 killed, dozens injured as tornadoes tear through South, Midwest
A monster storm system has torn through the South and Midwest, spawning deadly weather including tornadoes. Read more ...
Pope Francis leaves hospital; 'Still alive,' he quips
ROME - Pope Francis was discharged on Saturday from the Rome hospital where he was treated for bronchitis, quipping to journalists before being driven away: “I'm still... Read more ...
Iowa superstar Caitlin Clark is the talk of the basketball world
Iowa junior guard Caitlin Clark is the first player ever to have back-to-back 40-point games in the NCAA Tournament. Read more ...
Clark, Iowa end perfect South Carolina season in Final Four
The spectacular junior guard has back-to-back 40-point games Read more ...
Tornadoes spawned by huge system pulverize homes; 1 dead in Arkansas
More than 85 million people were under weather advisories as the National Weather Service's Storm Prediction Center forecast an unusually large outbreak of thunderstorms with... Read more ...
At least 1 dead, 28 injured as roof collapses during Illinois concert
The roof at a historic Illinois concert venue collapsed during a concert Friday night, killing at least one person and injuring 28. According to local reports, at least 20... Read more ...
Survivor of Pa. chocolate factory explosion says she fell into a chocolate...
A woman pulled alive from the rubble of a Pennsylvania chocolate factory after an explosion that killed seven co-workers says her arm caught fire as flames engulfed the ruined... Read more ...
2 Missouri soldiers among those killed in Black Hawk helicopter crash
Two of the nine service members who died in a crash involving two U.S. Army Black Hawk helicopters were from Missouri. Read more ...