What are the main challenges in the housing market today? “There are a number of challenges in the housing market today,” said Hepp. She shares the three factors she believes are driving the lack of affordability. Strong lock-in effect. The record low mortgage rates over the last coup...
Buying a house in today's housing market could be impossible, especially for first-time buyers who have been pushed to the sidelines due to soaring home prices. The median sale price of a home in the US rose to $438,815 in July, marking a 4.0% year-over-year increase, according toda...
The US housing market has been experiencing significant changes due to various factors, which present both opportunities and challenges for property managers and owners. Understanding these trends is crucial for staying ahead in the competitive market. In this section, we will discuss some of t...
US Housing Market Stabilizing, Freddie MacThe U.S. real estate market is stabilizing with housing activity stalling in several states, according to Freddie Mac's latest Multi Indicator Market Index (MiMi).Realty TodayRealtytoday Com Your One Stop for All Things Real Estate...
The US housing market continues to defy traditional notions about rising rates. Across much of the US, prices have been resilient, even as mortgage rates have climbed to 20-year highs. For those who expected home prices to retreat, the current market is somewhat of an enigma. We...
Today, Federal Reserve Chair Jerome Powell testified before the Senate and small business optimism grew for a third month. Yellen Sees Inflation Falling 2 hr 27 min ago Inflation is likely to keep moving lower, though it may take a while for housing costs to come in line, Treasury Secretary...
Housing Will The Housing Market Crash next Year? ByGord Collins June 10, 2023 The Rolling Question of a Housing Market Downturn Another year has passed, with buyers and sellers asking whether the housing market could crash? Would that be a good event for buyers, the homeless, and as a ...
Ten days ago, we wrote that the "US Housing Market In Peril As "Increase In Mortgage Rates Has Shocked Consumers." Fast forward to today when the same "shocked consumers" referenced in the WSJ piece must be on the verge of a nervous breakdown because according to the Mortgage Brokers Assoc...
Federal officials say the United States saw an 18.1% increase in homelessness, a dramatic rise driven mostly by a lack of affordable housing as well as devastating natural disasters and a surge of migrants in several parts of the country ...
Today, a greater and greater proportion of people living on the streets are there because of bad luck or a series of mistakes, or because the economy forgot them--they lost a job or were evicted (逐出) or fled an ...