Housing Market

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

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 …

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

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 …

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How J.D. Vance and Tim Walz Differ on the Housing Crisis

Published by REALTOR.com | October 1, 2024 On the campaign trail, Vance and Walz have staked out their respective positions on the housing crisis, for the most part differing widely on its causes and solutions. What J.D. Vance has said about housing affordability In a speech at the Republican National Convention, the senator from Ohio …

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

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% …

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Cost-Of-Living Crisis Kicks Off The Harris-Trump Debate

Published by FOX Business | September 10, 2024 Inflation and affordable housing loomed large during the Harris-Trump presidential debate Former President Trump and Vice President Harris led off the high-stakes presidential debate Tuesday with a discussion about the cost-of-living crisis and economic challenges Americans are facing. The first faceoff between the two, held in Philadelphia …

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Midyear Real Estate Forecast Reveals Major Change for Homebuyers

Published by REALTOR | August 14, 2024 The next six months should bring some welcome relief to homebuyers and sellers in the form of lower mortgage rates, according to the Realtor.com® midyear housing forecast for 2024. So far, 2024 has been a tough year for the housing market with high mortgage rates, stubborn home prices, …

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Demand for Tiny Homes Spikes as Housing Affordability Crisis Continues

Published by FOX Business | July 24, 2024 Tiny homes can range between 300 and 750 square feet The housing affordability crisis that continues to trouble would-be homebuyers is sparking an increase in demand for tiny homes. In response to this demand for more affordable properties, an innovative tiny home community called Mustard Seed Village …

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The Salary Needed To Afford a Home Has More Than Doubled Since Before the Pandemic

Published by REALTOR.com | July 16, 2024 The combination of high list prices and elevated mortgage rates means owning a home now costs nearly twice as much as it used to. Scraping together enough money to buy a home can seem like a fruitless endeavor, especially in today’s housing market dominated by high mortgage rates …

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