US Housing Market

US Housing Market Will Come ‘Roaring’ Back After the 2024 Presidential Election, Real Estate Expert Says

Ryan Serhant, a real estate broker known for Million Dollar Listing, said he is optimistic about where the market is headed in 2025 after the November elections.

For Sale Signs Multiply With Weakening Housing Market

US Home Will Be Affordable If Prices Fall By More Than $100,000

An expert said that the housing market would become more affordable for prospective buyers if home prices fell by more than $100,000.

JD Vance And Tim Walz Face Off In Vice Presidential Debate In New York

JD Vance Blamed Immigrants for Soaring Home Prices

During the recent vice presidential debate, Vance blamed illegal immigrants in America as a key driver of home prices in the housing market. That may only be "partially true."

US Renters Think Kamala Harris Could Improve Housing Affordability Better Than Donald Trump

The survey polled 894 renters aged 18 to 65 on who they thought was more capable in making homes in the US more affordable.

Homeless Activists Demonstrate For Affordable Housing In New York

Homes in the US Likely To Become Affordable Again in 2030, Expert Says

An analyst for Goldman Sachs said the housing affordability levels in the US are currently at record lows as home prices continue to soar.

US Starter Homes Now Cheaper Than It Was a Year Ago as Mortgage Rates Dip: Report

Hopeful buyers now need to earn $76,995 to afford a typical starter home, down from the $77,343 income required in August 2023.

US Housing Market Is Stuck With Only 25 of Every 1,000 Homes Sold So Far in 2024: Report

Only 2.5% of all homes listed from January through August 2024 changed hands, marking the lowest turnover rate in 30 years.

US Housing Affordability Could Improve Soon as a Record Number of Apartments Will Be Completed This Year: Report

More than 500,000 new apartment units are expected to go online by the end of the year, which could bring home prices down.

Easy Ways to Raise Money to Invest in Real Estate

Income Needed To Buy a Typical Home in the US Falls to $115K, Marks First Decline Since June 2020

The income needed to buy a median-priced home in the US fell to 1.4% year-over-year in August 2024 after mortgage rates dipped to 6.5%.

5 Housing Markets Where Home Will Lose Value in 2025: Report

Home prices rose 3.1% year-over-year in August but prices in some markets could soon fall, per an analysis.

Sales Of Existing Homes Drop Lower In March

60% of Baby Boomers Said Younger Generations Can’t Afford a Home Because They’re Not Trying Hard Enough

A recent survey from Clever Real Estate polled 1,100 boomers and asked them why they believe the younger generation could not afford a home in today's housing market.

15 Fastest-Growing Suburbs in the US Where Homes Sell for Less Than $500,000: Report

The suburbs in the list had a population growth of at least 9% between 2020 and 2022 and homes with values less than $500,000.

3 Things That Need To Happen Before the US Housing Market Becomes Affordable Again: Expert

TD economist Shernette McLeod believes that national housing affordability will likely improve by mid-2027.

5 US Housing Markets Where Buyers Have the Most and Least Power: Report

Housing markets where buyers have the most buying power have a growing number of homes for sale and decelerating price growths.

Here Are the Five Hottest Housing Markets in the US in 2024

In some of the hottest zip codes in the US, homes spent 32 to 45 fewer days on the market in the first half of 2024.

Bank-Owned Homes Are Auctioned Off At Community Homebuyer Event

A Record 60,000 Buyers Backed Out of Home Deals in July Amid Election Fears, Soaring Prices

The canceled home-purchase agreements in July accounted for 15.8% of all homes that went under contract in the same period.

Harris Proposes Four-Year Plan To Lower US Housing Costs, Improve Housing Affordability and Homeownership

Kamala Harris' economic plan will build on proposals announced under the Biden administration. Vice President and leading Democratic presidential candidate, Kamala Harris, has recently unveiled her four-year plan to lower housing costs and boost homeownership for American households.

Median US Housing Payments Dropped by $250, Lowest Level Since February: Report

The median housing payment has declined to $2,588 as of Aug. 11. The median housing payment in the United States has dropped by nearly $250 as mortgage rates declined.

Consumer Price Index Reporting Latest Inflation Numbers Released

Biden’s Rent Hike Cap Proposal Faces Pushback From Real Estate Groups

The NAR said Biden's proposed rent hike cap would not work in improving the financial situation of renters.

US Housing Market Unlikely to See Much Relief in the Second Half of 2024: Experts

Foreclosure activity in the first half of 2024 has surpassed 177,400 as housing costs continue to soar.

US housing market forecast revised as pending-home sales grew

US Housing Market May See a ‘Massive’ Bubble Burst: Real Estate Analyst

An expert said the waning demand for homes in Southern states could cause the bubble to pop. The housing market in the United States could potentially see a "massive" bubble burst following an influx of new homes, a real estate analyst forecasted Monday.

US Housing Market