Residential

Here’s Exactly How Unaffordable Today’s Housing Market Is — And Where It’s Getting Worse

Housing Market, Residential / By

Published by CNBC | May 15, 2025 More than 40% of the nation’s 100 largest metropolitan markets are struggling with a lack of affordable housing Ever since the epic run on housing in the first years of the pandemic, fueled by record-low mortgage rates, the market has been plagued by low supply and high prices. …

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Realtor.com CEO Says There is a Way to Solve America’s Housing Crisis

Housing Market, Residential / By

Published by FOX Business | May 1, 2025 Realtor.com CEO Damian Eales takes aim at regulations, red tape Realtor.com CEO Damian Eales weighed in on what measures are needed to address America’s housing crisis, taking particular aim at excessive regulation. The U.S. has been contending with affordability and supply issues in its housing market for …

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Zillow: ‘Starter Homes’ Cost At Least $1 Million In Over 200 U.S. Cities

Housing Market, Residential / By

Published by CNBC | April 30, 2025 Home prices have risen by roughly 45% since 2020 Starter homes now cost $1 million or more in 233 U.S. cities — nearly triple the number from five years ago. That’s according to a new Zillow analysis, which shows just how out of reach the housing market has …

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Homeowners Are Sitting on $34.7 Trillion in Equity—but Mortgage Debt Is Growing

Mortgages, Residential / By

Published by REALTOR.com | March 31, 2025 Home equity in the U.S. reached the third-highest level on record at the end of last year In welcome news for homeowners braving a volatile housing market, home equity in the U.S.—the share of your property you actually own—reached the third-highest level on record at the end of …

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Trump Moves Forward With Plans To Use Federal Land To Build Affordable Housing

Politics, Residential / By

Published by REALTOR.com | March 20, 2025 President Donald Trump’s administration has taken the first step toward fulfilling his campaign promise of opening up some federal land to build new homes and boost the nation’s housing supply. Department of Interior Secretary Doug Burgum and Housing and Urban Development Secretary Scott Turner on Monday announced a …

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Economists: It Will Take 7 Years To Fix the Housing Shortage at Current Construction Pace

Housing Market, Residential / By

Published by REALTOR.com | March 10, 2025 The supply gap improved moderately in 2024, but the country still fell 3.8 million units short of meeting demand relative to new household formations and pent-up demand. The U.S. housing shortage will take more than seven years to fix at the current rate of construction, according to a …

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Older Americans Are Moving Out of These States as Property Taxes Soar

Residential, Taxes / By

Published by REALTOR.com | March 7, 2025 Parts of the U.S. with low to moderate property tax rates have been seeing an influx of retirees who are leaving areas with high tax rates. Sky-high property taxes in large metros like New York City, Philadelphia, and Chicago are driving retirees out and fueling an internal migration …

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