Business
The average American drops $330,000 on rent before becoming a homeowner
It’s painful enough to watch your bank account drain each month when rent is...
Business
Top economist Gary Shilling predicts a ‘considerable revival’ in housing activity—but it’s going to take 3 or 4 years to unfreeze the housing market
In late October 2023, existing-home sales plummeted to the lowest level since 2010, when...
Business
Housing affordability has gotten so bad that 15% of buyers are purchasing a home with a non-romantic co-buyer. ‘It’s like carpooling for homes’
The housing market is the least affordable it’s been since 1984, and the generation...
Business
Housing affordability is the worst it’s been in decades. It will improve in 2024, but by only a ‘small step,’ Realtor.com chief economist says
Mortgage rates are expected to drop next year, but not enough to make sky-high housing...
Business
The housing winter arrives early as existing home sales crash to Great Recession levels and the long-feared ‘deep freeze’ sets in
After a long, hot summer that saw mortgage rates creep ever higher, October has...
Business
The housing market is so unaffordable that buyers need to make nearly $115K to afford the average home, Redfin says—that’s $40k more than average earnings
Maybe you didn’t know just how unaffordable the housing market has gotten. Americans now...
