The housing market is following a similar playbook from the 1980s when mortgage rates doubled. Here's what it could mean for homebuyers today.

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homes for sale

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Here's how one top Fed official is thinking about the increasingly unaffordable US housing market

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Tom Barkin
Tom Barkin

Federal Reserve Bank of Richmond

'Bond King' Bill Gross warns mortgage rate surge will hammer homebuilding – and may herald an economic downturn

Tech Insider : Economy
Bill Gross
"Bond King" Bill Gross.

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Applications for home loans have plunged to the lowest level since 1996 as mortgage rates notch 23-year highs

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A mother and her daughter walk past a 'for sale' sign.
The 30-year fixed mortgage rate notched 7.53% over the last week, per the latest MBA data.

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The CEO of Airbnb wants you to charge less for your house

Tech Insider : Travel
Composite image of Airbnb CEO Brian Chesky and the Airbnb app on a smartphone.
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Eugene Gologursky and Lorenzo Di Cola/NurPhoto

Soaring home prices set another record as the housing market keeps getting less affordable

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Arkansas
A row of homes in Bentonville, Arkansas.

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Ski towns in the American West are getting swankier — and pricing out frustrated locals

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Snowcapped mountains in Driggs, Idaho.
Snowcapped mountains in Driggs, Idaho.

Charlie Greear / 500px/ Getty Images

How Florida became America's 2nd-most-valuable housing market

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Looking up at a building and palm trees.
Tampa, pictured here, is among the top markets in the nation for gain in value since the starts of the pandemic.

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The US housing market is starting to flash a few rays of sunshine for homebuyers

Tech Insider : Economy
A realtor exchanging keys with a homebuyer.
A realtor exchanging keys with a homebuyer.

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Will US house prices soar or plunge? These 5 experts are divided.

Tech Insider : Economy, Economy
Legendary investor and co-founder of Grantham, Mayo & van Otterloo, Jeremy Grantham
Jeremy Grantham.

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