This 'magic number' for mortgage rates will thaw the housing market and allow prices to drop, DoubleLine says

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couple look at a home with a for sale sign in front
The 30-year mortgage falling to 5% could bring many current homeowners back to the market to list their house for sale.

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The Fed brought some relief to the housing market

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home for sale expensive
The Federal Reserve's rate cut outlook is already being felt in mortgage rates.

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See how a couple transformed a $95,000 haunted Victorian mansion in Michigan into a colorful, maximalist wonderland

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A side by side image: Left: a small white dog lays on a blue couch in a room painted green with a stuffed white peacock and many framed paintings. Right: A woman with blond hair smiling.
Michelle Carder, right, has spent $250,000 transforming her dated Victorian into a colorful home in Michigan.

Courtesy of Michelle Carder

This chart shows how housing affordability has plunged across the US

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Home affordability has plunged in the US
Home affordability has plunged in the US since 2019

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Five residents of a Texas town where half the homeowners are millennials break down the good and bad: The growth explosion helped the economy, but put stress on housing and schools

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Employees at The Tailgate.
Employees at The Tailgate, an entertainment venue in Midland, Texas.

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US homeowners are sitting on $28.7 trillion of equity

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A row of homes in a residential neighborhood.
A row of homes in a residential neighborhood.

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'Homeowners are quiet quitting' as low inventory and high mortgage rates keep a key group out of the housing market

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US Housing market

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French police have warned about an Irish gang posing as builders to defraud property owners, report says

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Builders working at a construction site.
Builders working at a construction site.

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More millennials now own their own home than rent one, leaving Gen Z the only group where most still have a landlord

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A millennial couple moving into their new home.
A majority of millennials are now homeowners, per RentCafe figures.

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A top real estate economist explains why a housing rebound is coming as rising sales and lack of supply look poised to lift home prices

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Home for sale

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