The housing market is thawing as an increasing number of 'mortgage lock' homes go up for sale, JPMorgan says

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Fitch Ratings found that homes in 91% of US metro areas were overvalued in the third quarter.
Fitch Ratings found that homes in 91% of US metro areas were overvalued in the third quarter.

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Homebuyers need to earn 87% more than in pre-COVID years to afford a starter home, Redfin says

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buying a home

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A third of Gen Z and millennial homebuyers plan to use family money for a down payment amid sky-high housing costs

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Homebuyers have to earn 80% more than they did pre-covid to comfortably afford a house today.
Homebuyers have to earn 80% more than they did pre-covid to comfortably afford a house today.

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What everyone's getting wrong about the housing market

Tech Insider : Economy, Economy
Photo illustration of a house with a for sale sign and alarm.
While it may be uncomfortable right now, there's a good chance that homebuyers' prospects won't get better anytime soon.

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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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Renting will be cheaper than buying a home for years to come, real estate firm says

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A
A "for rent" sign is posted in front of a home on December 12, 2023 in Miami, Florida.

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The mortgage 'lock-in effect' could worsen wealth inequality and is likely to last for years to come, FHFA says

Tech Insider : Economy, Economy
housing market

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A housing market rebound may finally be underway

Tech Insider
Housing market recovery
The housing market appears to be starting to loosen.

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Home prices likely to keep rising even as lower mortgage rates bring more supply, according to BofA

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House sold sign
Attorney-opinion letters could save homebuyers thousands of dollars in closing costs.

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2 reasons why the South will stay the hottest housing market in the US

Tech Insider : Economy
House sold sign
Attorney-opinion letters could save homebuyers thousands of dollars in closing costs.

Nick White/Getty Images

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