Home Prices Are Still Too High.The author discusses the rising prices of houses in the U.S. and their impact on the economy.SchiffPeter D.Wall Street Journal - Eastern Edition
TOO MUCH GAS, BUT PRICES STILL TOO HIGH The article reports that U.S. federal energy officials has authorized the expansion of private storage facilities for natural gas. Despite the pending glut, however, Federal Reserve chairman Ben Bernanke warned that gas prices are likely... S Robinson -...
But fewer sales doesn’t mean prices will come down. The chart below shows the problem with the housing market is simply too few homes. Housing Prices Increased With Decreased Supply Source:Federal Reserve. Home Prices Will Be High Until Supply Increases The green line shows the change in the...
Before you do anything, be sure to weigh the risks involved, especially with buying a home. Getting a mortgage often requires using a large amount of financialleverage. If housing prices go up, people with mortgages can make extraordinary gains. But you also stand to lose if prices plummet. ...
Limited housing supply, buyer competition and high interest rates will maintain high home prices through 2025. Liisa Rajala and Tanza LoudenbackJan. 21, 2025 What Can You Buy for $1,500 a Month? Buying an affordable home can be tough right now, but it's not impossible in these areas. Kr...
Limited housing supply, buyer competition and high interest rates will maintain high home prices through 2025. Liisa Rajala and Tanza LoudenbackJan. 21, 2025 Seattle Housing Market Forecast Buying an affordable home can be tough right now, but it's not impossible in these areas. Kristi Wa...
Many people trying to sell homes find that an increase in home prices has turned the market in their favor. But sellers can still get the short end of the deal if they aren't careful. Here are a few tips for you: Don't test your luck. Of course you think anyone who moves into ...
“A healthy housing market is a more active one, where people who want to move are able to,” Zhao said. For that to happen, home prices would need to fall by as much as $121,000 for housing to be affordable again, she estimated. That’s unlikely to happen ...
Many people trying to sell homes find that an increase in home prices has turned the market in their favor. But sellers can still get the short end of the deal if they aren’t careful. Here are a few tips for you: Don’t test your luck. Of course you think anyone who moves into ...
This is good for buyers, who are still interested in getting their first or next house. But mortgage rates still feel high to many people, and record home prices continue to be a major financial hurdle for potential buyers, Lessinger says. “The aspiration to buy is evident,” says Lessi...