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Home Prices

These 4 charts explain why the housing market isn't getting affordable anytime soon

Thu, 08/17/2023 - 13:32

Homes in a row, Detroit — The US housing market isn't likely to get affordable anytime soon.
Suzanne Tucker/Getty Images

Markets, MI Exclusive, Housing Market, Home Prices, Housing Affordability, Goldman Sachs, Wall Street

Home builder confidence just dropped for the first time in 2023 as spike in mortgage rates further dents affordability

Tue, 08/15/2023 - 12:45

Home builders constructing a home. — Builder confidence in the market for newly built single-family homes rose four points to 35 in January, according to the National Association of Homebuilders.
Getty Images

Markets, MI Exclusive, Home builders, Confidence, Housing Market, Wells Fargo, Bankrate

Home prices in over half of US markets saw record price increases in the 2nd quarter

Tue, 08/15/2023 - 10:40

home for sale — Joe Raedle/Getty Images

Markets, MI Exclusive, Home Prices, us housing market, us home prices, Price increases, housing market outlook

Home values have soared so much that the share of houses worth $1 million or more is near an all-time high

Mon, 08/14/2023 - 13:47

A row of suburban homes in Northern California — Some of the most active homebuyers during the COVID-19 pandemic are now pumping the brakes on purchases.
Jaskaran Kooner/Getty Images

Markets, MI Exclusive, Housing Market, Home values, Home Prices, Affordable, Equity

Warren Buffett hates fancy food, drives badly, and saw the housing crash coming, his biographer says in a resurfaced Reddit post

Sat, 08/12/2023 - 06:45

Tech Insider : Economy

Warren Buffett Coke.JPG — Warren Buffett.
REUTERS/Rick Wilking

economy, Warren Buffett, Berkshire Hathaway, Billionaires, The Snowball, Alice Schroeder, Fast Food

The 15 most affordable US cities to live in 2023

Thu, 08/10/2023 - 14:16

Decatur, Illinois. — Decatur, Illinois.
Jeffrey Greenberg/Universal Images Group/Getty Images

Real Estate, Features, cheapest places to live, Housing Affordability, Cost Of Living, Home Prices, Texas

Massive home-price appreciation might be the secret to keeping consumers afloat as savings dry up

Thu, 08/10/2023 - 12:21

Houses in a row. — zimmytws / Getty Images

Markets, MI Exclusive, Housing Market, Household Debt, Credit Cards, home equity, Federal Reserve

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

The genius plan that could bring down skyrocketing home prices

Mon, 08/07/2023 - 05:28

Tech Insider : Economy, Politics

large triplex with a price tag/New Zealand flag attached and two small homes with price tags/American flags attached — If the US wants to build more homes, slow down rent growth, and give more people a place to live, it needs to learn from New Zealand.
Tyler Le/Insider

economy, Real Estate, Markets, Discourse, politics, Housing Market, Home Prices

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