Australia may hold the key to happier home buying

Tech Insider : Economy, Business, Style
A photo collage of a house surrounded by money and auction paddles

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Want to sell your home? Get ready for disappointment.

Tech Insider : Economy
A house for sale melting in the summer sun
Gone are the days of throwing up a for-sale sign and waiting for the feeding frenzy to begin. Home sellers are about to get a rude awakening.

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Soaring insurance costs could finally put a lid on home prices, real estate experts say

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Home prices

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Housing affordability has improved, but not by much

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home buyers
US homebuyers need to make $114,000 a year to afford a median-priced home, Redfin says.

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Home prices could go down now that the biggest group of real-estate agents agreed to lower commissions

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A graphic showing a home against a background of hundred-dollar bills.

Caroline Purser/Getty Images; Jenny Chang-Rodriguez/BI

The homes your real-estate agent doesn't want you to see

Tech Insider : Economy
A house being covered up with cloth
Real-estate agent commissions have barely budged over decades. Critics blame a shady practice known as "steering."

Allevinatis/Getty, stuartbur/Getty, malerapaso/Getty, Tyler Le/BI

The mortgage 'lock-in' effect is here to stay and home prices won't fall for years to come, research firm says

Tech Insider
a row of homes in San Francisco
The lock-in effect isn't going away as inventory remains tight and demand returns.

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Experts warned of a housing bubble. They were wrong.

Tech Insider : Economy
Illustration of a couple looking at the rising housing market.
A housing bubble implies an impending pop that brings home prices crashing down — but there's no pop in sight. 

Rob Dobi for BI

Almost as soon as home prices began their unprecedented climb in 2020, doomsayers began warning of a looming crisis. The housing market, they claimed, was a bubble destined to burst.

The Fed pushed back against imminent rate cuts this week. Here's what that means for the housing market.

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Federal Reserve Chairman Jerome Powell and US Treasury Secretary Janet Yellen
Federal Reserve Chairman Jerome Powell and US Treasury Secretary Janet Yellen participate in a meeting of the Financial Stability Oversight Council at the US Treasury on July 28, 2023 in Washington, DC.

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Gen Zeds and millennials think 'adulting' milestones like getting promoted is harder than it was for their parents, survey finds

Tech Insider
Gen Z
Younger generations say getting a promotion at work was easier for their parents.

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