The housing market in 2023 saw its worst year of sales in 29 years

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home sales
The US housing market saw its lowest year of sales in 2023 since 1995. Mortgage rates soared last year as the Fed kept up its fight against inflation.

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24-year-olds are more likely to own homes than millennials and Gen X when they were that age

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A family shopping for a home with a Realtor.
They might not care as much about the milestone, but most adult Gen Zers are out-pacing older generations in homeownership, according to Redfin.

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Most people buying homes get screwed into spending thousands on a tedious fee. That may be about to change.

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

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Gen Z and millennials are feeling a little more confident that they can buy a house

Tech Insider : Economy, Economy
a gen z couple in their new home
Gen Zers might be well poised for homeownership, while millennials fall behind.

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New California city backed by Silicon Valley billionaires will be about 18,600 acres — less than half the size of the purchased land

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A mock-up illustration shared onCalifornia Forever's website that shows people cycling on a road near houses and trees
A mock-up illustration of the new city envisioned by California Forever.

California Forever

China's population keeps falling — and that's more bad news for the world's 2nd-largest economy

Tech Insider : Economy, Economy
Busy Shopping Street in Shanghai, China at night
Some Chinese consumers are reining in their spending.

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Move over, millennials: Gen Zers are coming for boomers' houses

Tech Insider : Economy
Gen Zer taking a photo of a house featuring a 'Sold' real estate sign in the foreground. On the side, an older couple (previous owners) stands, gazing at the property and holding a suitcase.
No generation has shaped the modern housing market more than baby boomers. Now their reign is coming to an end, and Gen Z is coming for the crown.

Getty Images; Alyssa Powell/BI

It's hard to make friends in Palm Springs because, in my 50s, I'm one of the younger residents. Many retirees move here.

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Mid-century homes with palm trees in front of them and a mountain range behind them in Palm Springs, California.
Shelly Karpaty says she recently moved to Palm Springs, California, where most people are retired.

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A housing expert who nailed the prediction for 2023 says home prices to jump 7% this year

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A single family home is shown for sale in Encinitas, California May 22, 2013. REUTERS/Mike Blake
Single family home is shown for sale in Encinitas

Thomson Reuters

A color expert shares the 9 shades you should incorporate into your living room right now

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Living room with walls and flooring, cream sofas, a fireplace, and sliver-blue curtains and throw pillows
Silvery blues and creamy whites will trend in 2024.

phototropic/Getty Images

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