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Housing Supply

The worst of the housing affordability crisis may be over, but that doesn't mean it'll get easier to buy a home soon

Thu, 08/10/2023 - 11:19

Identical homes — Trong Nguyen/Shutterstock

Markets, MI Exclusive, Home Prices, Housing Market, Housing Affordability, Affordability crisis, Housing Crisis

Soaring home prices mean first-time buyers need to be making 13% more money than a year ago to afford a 'starter' home

Fri, 07/28/2023 - 11:56

Housing market home for sale — People walk by a sold sign in front of a house along the Erie Canal in Pittsford, New York, on Monday, Sept. 6, 2021.
Ted Shaffrey/AP Photo

Markets, MI Exclusive, us housing market, Home Prices, us home prices, Housing Affordability, unaffordable housing market

Construction on new homes snaps uptrend, hitting key source of new supply

Wed, 07/19/2023 - 16:04

Tech Insider : Economy

homebuilder — REUTERS/Gary Cameron

Markets, MI Exclusive, Housing Market, Housing Supply, Construction, Homebuilders, Inventory

US home prices are nearing new record highs as inventory drops to all-time low

Mon, 07/17/2023 - 09:57

housing — Robert Galbraith/ Reuters

Markets, MI Exclusive, Housing Market, Home Prices, us home prices, housing inventory, Housing Supply

Millennials are fueling a generational housing bubble - and it's set to pop in the next decade as demand drops, researchers say

Wed, 04/26/2023 - 13:05

open house homebuyers — REUTERS/Jonathan Ernst

Markets, MI Exclusive, housing crash, housing market crash, us housing market, us home prices, us home prices falling

Homebuyers hoping for better deals as prices drop are getting slammed as average payments just hit a record high

Tue, 04/25/2023 - 17:20

A house with a for sale sign in the front. — The typical US homebuyer's mortgage payment hit a record high in April, according to Redfin.
Tom Merton/Getty Images

Real Estate, Home Prices, Mortgage Payments, mortgage rates, borrower costs, Housing Market, Real estate market

Sorry, homebuyers. Houses aren't getting cheaper.

Sun, 04/09/2023 - 06:15

A for sale home sign — New home sales fell 19% year-over-year in February, according to the US Census Bureau. But homes are still expensive.
Joe Raedle/Getty Images

Real Estate, Home Prices, homes for sale, housing inventory, Housing Supply, Recession, Homebuyers

Homebuyers have a better shot at scoring a house in 10 cities where the number of properties for sale has skyrocketed the most

Thu, 03/09/2023 - 05:30

Seattle, Washington — Seattle is one of the cities in the US that's seen the biggest increase in the number of homes for sale since last year.
Sean Pavone/Getty Images

Real Estate, Features, Home Prices, housing inventory, Housing Supply, mortgage rates, Housing Affordability

The US housing slump will deepen as interest rates keep rising – but it's safe to rule out a 2008-style crash, say Zillow and Redfin analysts

Wed, 03/01/2023 - 09:35

US home prices, property market, housing — The housing market boomed in 2020 and 2021 but is now cooling rapidly.
AFP/Getty Images

Markets, MI Exclusive, Housing, Housing Prices, housing market outlook 2023, housing market outlook, Housing Market

Low-income renters are frustrated by Biden's new plan to make housing more affordable because they don't think it does enough to combat surging rents

Sat, 02/04/2023 - 06:55

Tech Insider : Economy

Biden — President Joe Biden speaks at the White House on January 12, 2023.
AP Photo/Andrew Harnik

economy, Real Estate, Housing, Tenants, Renters, Millennial Housing, Housing Supply

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