Housing Market

Published by Think Realty | November 16, 2024 As housing prices soar beyond reach for many Americans, incorporate these potential solutions to mitigate market pressures According to the National Association of Homebuyers, 77% of American households cannot afford a median-priced home. In 2024, the median is $495,750. A combination of high home prices, increasing interest …

The Housing Squeeze: Solutions for an Unaffordable Market Read More »

Published by REALTOR.com | October 27, 2024 With the salary needed to afford a home more than doubling since the COVID-19 pandemic, the dream of owning a home has become harder for the average American. A townhouse—defined as a home where at least two floors share a wall with another home—might lack the space and …

Is Buying a Townhouse the New American Dream? Read More »

Published by REALTOR.com | October 25, 2024 The number of homes for sale for each renter household in the U.S. remains near record lows, highlighting the supply crunch that first-time buyers face in the current housing market. Currently, there are about 30 renter households for each available home for sale, up from less than 10 …

There Are Now 30 Renters for Every Home for Sale in the U.S. Read More »

Published by Breitbart News | October 21, 2024 Swing states are disproportionately facing unaffordable home prices and it is crushing middle class Americans. Since 2019, when former President Donald Trump was in office, unsustainable housing costs and rents have increasingly burdened Americans living in swing states like North Carolina, Arizona, Georgia, and Pennsylvania, the analysis …

Report: Middle Class Americans in Swing States Disproportionately Face Unaffordable Home Prices Read More »

Published by FOX Business | October 1, 2024 37% fewer homes were sold this year compared to during the middle of the pandemic buying frenzy The U.S. housing market has remained stagnant, with just 25 out of every 1,000 homes changing hands in 2024, according to recent data from real estate firm Redfin. The first …

Housing Turnover Rate Hits Lowest Level in 30 Years Read More »

Published by REALTOR.com | September 19, 2024 More than three-quarters of boomer homeowners say owning a home is the primary reason they’re financially secure. Homebuyers hoping for a flood of homes to hit the market from aging baby boomers might be disappointed by the results of a new survey. Among boomers who own homes, 54% …

Boomers Own 38% of America’s Homes—but More Than Half Never Plan To Sell Read More »

Published by Forbes.com | August 29, 2024 The housing market is poised for a dynamic shift this fall, driven by declines in mortgage rates. Mortgage rates have recently fallen to 6.5% for a 30-year fixed-rate mortgage, a meaningful decline from the peak of 7.8% in October of last year. This decline has led to the …

What Home Buyers And Sellers Can Expect This Fall Read More »