Housing Market

Yellen Pushes Biden Housing Agenda Amid Rising Home Prices

Published by Breitbart News | June 24, 2024 The Biden administration is announcing new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the post-pandemic years. Treasury Secretary Janet Yellen will promote the new investments on …

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Why Mortgage Rates Vary by State and Which States Have the Lowest

Published by REALTOR.com | June 6, 2024 As with everything in real estate, where you live also has an impact on what kind of mortgage rate you can get. It’s a challenging housing market for home buyers, with home prices at an all-time high and mortgage rates above 7%. Eagle-eyed house hunters may notice a …

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The Price Per Square Foot of an Average U.S. Home Has Jumped More Than 50% Since 2019

Published by REALTOR.com | June 5, 2024 The latest monthly housing report from Realtor.com® reveals that the typical listed price per square foot grew by a whopping 52.7% from May 2019 to May 2024. A home’s price per square foot is a somewhat overlooked real estate feature. When shopping for a house, buyers are usually …

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Home Prices Come Into Focus as Key Issue in the 2024 Election

Published by REALTOR.com | May 13, 2024 With mortgage rates up and home prices out of reach for many first-time buyers, the affordability crisis is increasingly in the spotlight as campaign season heats up. In most presidential election years, home prices aren’t a key issue for voters or a major campaign talking point. Consider it …

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What Will the Housing Market Look Like Once Mortgage Interest Rates Drop?

Published by REALTOR.com | February 29, 2024 Experts predict what lower mortgage rates would mean for homebuyers and the housing market in general. Homebuyers who are gearing up to shop the spring housing market might wonder whether the mortgage rate gods will smile in their favor. They’re right to worry: In October, rates hit a 23-year …

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Would a Recession Clobber the Housing Market or Make It Affordable Again?

Published by REALTOR.com | February 20, 2024 Fears of another recession striking have been mounting as the Federal Reserve has attempted to slow the U.S. economy down by raising interest rates. While the Fed’s rate increases brought the real estate market to a near halt and contributed to the scores of layoffs at some high-profile companies, it’s looking …

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From Surging Layoffs to a Presidential Election: What Will 2024 Bring for the Housing Market?

Published by REALTOR.com | February 13, 2024 Could the presidential election stall home sales? This year has barely begun, and it already seems destined for the history books. The next 11 months are jam-packed with a combative presidential election, two large wars abroad, a string of high-profile companies announcing layoffs, and fears over whether the …

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