How investors are about to profit from a tidal wave of new homes

Tech Insider : Economy
A house in chains and lock surrounded by money

Adobe Firefly, pixhook/Getty, Tyler Le/BI

Builders have too many new homes on their hands.

26 popular cities where houses are at least $100,000 cheaper than the national median

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An older couple and a Realtor.
Lower mortgage rates should bring life into the US housing market.

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2 scenarios when to consider an adjustable-rate mortgage to secure lower rates, according to Redfin's research lead

Tech Insider
An aerial view of suburbs.
There are a couple of scenarios where an adjustable-rate mortgae could be quite useful, according to Redfin's Head of Economic Research Chen Zhao.

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Looking to buy a home? Redfin's research lead says a flood of housing supply is set to hit the market by the end of 2025 as locked-in homeowners finally start selling.

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A picture of a house locked up with a key.

Getty Images; Chelsea Jia Feng/BI

I got a 2.75% mortgage rate when most other homebuyers were being quoted 7%. Now I can save more for retirement.

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Brian Sankey on the beach.
Brian Sankey purchased a home with a 2.75% interest rate in June.

Courtesy of Brian Sankey

Gen Z might have missed out on their chance to get rich through homeownership

Tech Insider : Economy, Economy
Graphic of shattered glass on a black background with images of a home, money, for sale sign, and a woman
Homeownership is helping some millennials get rich — but Gen Zers might have a hard time following in their footsteps.

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Warren Buffett paid just $31,500 for his home of nearly 70 years. Read his 8 best quotes about buying a house.

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warren buffett
Warren Buffett.

REUTERS/Rebecca Cook

The average household would need to save for 36 years to afford a typical home in LA. Here's how 50 US markets compare.

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house sitting on a pile of money
Many potential homeowners struggle to make down payments.

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11 big cities where home prices are falling the most

Tech Insider
Tampa, Florida, downtown skyline.
Tampa, Florida.

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Mortgage rates have dipped below 7% — providing home buyers some much-needed relief

Tech Insider : Economy, Economy
people buying home
In recent years, high home prices and mortgage rates have made homeownership feel out of reach for many Americans.

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