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housing inventory

Looking to buy a starter home? They're more expensive than ever.

Sun, 08/13/2023 - 06:00

A young couple in front of a home. — Many first-time homebuyers, largely consisting of millennials and Gen Zers, are locked out of homeownership.
Jenny Elia Pfeiffer/Getty Images

Real Estate, Features, Starter Homes, first time homebuyers, Homebuyers, Ohio, California

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

Home prices this summer have hit a new all-time high in a majority of the US

Tue, 08/08/2023 - 10:27

Home prices — Photo by Joe Raedle/Getty Images

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

Homebuyers had 45,000 fewer homes to choose from in July as the US housing market remains as tight as ever

Thu, 08/03/2023 - 10:49

Tech Insider : Economy

Homes are seen for sale in the northwest area of Portland, Oregon March 20, 2014. REUTERS/Steve Dipaola — Homes are seen for sale in the northwest area of Portland
Thomson Reuters

Markets, MI Exclusive, Housing Market, Homes, home for sale, housing inventory, Home Prices

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

US homes sales were the lowest in 14 years last month as inventory dries up

Thu, 07/20/2023 - 13:14

home for sale — Joe Raedle/Getty Images

Markets, MI Exclusive, us housing market, housing inventory, housing supply shortage, Home sales, us home sales

Just 1% of US homeowners sold their house in the first half of the year, leading to the lowest inventory of all time

Tue, 07/18/2023 - 12:43

home sold — In this April 5, 2010 photo, Joann Weber, of Midtown Realty, changes the sign from "Sale Pending" to "Sold" at a home that just sold in Palo Alto, Calif.
Paul Sakuma/AP

Markets, MI Exclusive, us housing market, housing supply shortage, housing inventory, mortgage rates, Housing Shortage

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

Housing affordability drops as home prices stay elevated and average mortgage costs jumped in March

Tue, 05/02/2023 - 13:50

a half built house in phoenix desert — Housing prices are expected to drop.
Ray Redstone/Shutterstock

Markets, MI Exclusive, Housing Affordability, Home Prices, us home prices, us housing market, 30-year fixed mortgage rate

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

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