Why June is the best time to sell your home

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house for sale sign

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

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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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People are incredulous that an ordinary house in rural Montana is on the market for over $1 million

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A home in Whitefish, Montana.
People think this home in Whitefish, Montana, isn't worth its $1.1 million price tag, but its owner does.

Courtesy of Heather Redding

Homebuyers are flocking to areas most exposed to extreme weather risk and pushing prices higher, JPMorgan says

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A home in a flood.
A home submerged in water after a flood.

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Sorry, parents: The American dream is only for DINKS

Tech Insider : Economy
A house and a pacifier icon cut out of a quarter
This year, homebuyers with children are likely to spend 66% of their income on mortgage and childcare expenses, Zillow found.

iStock; Rebecca Zisser/BI

How the candidates running for Dianne Feinstein's Senate seat say they'll solve California's housing crisis

Tech Insider : Economy, Politics
Construction workers help build a mixed-use apartment complex which will hold over 700 units of apartment housing and 95,000 square feet of commercial space on January 25, 2024 in Los Angeles, California.
Construction workers help build a mixed-use apartment complex which will hold over 700 units of apartment housing and 95,000 square feet of commercial space on January 25, 2024 in Los Angeles, California.

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The number of home sales per real estate agent is at its lowest level in over a decade

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The number of home sales per real estate agent is at its lowest level in decades
The number of home sales per real estate agent is at its lowest level in decades.

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It's even harder to find an apartment in Syracuse than in the New York City area — and it's a sign the housing crisis is far from over

Tech Insider : Economy
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A "for rent" sign posted on the exterior of an apartment building on June 02, 2021 in San Francisco, California.

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Baby boomers are driving the trend of Americans staying in their homes for twice as long as they did 2 decades ago

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Couple in front of a house.
Boomers are unlikely to downsize given the current affordability conditions, Redfin said.

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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.

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