A third of Gen Z and millennial homebuyers plan to use family money for a down payment amid sky-high housing costs

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Homebuyers have to earn 80% more than they did pre-covid to comfortably afford a house today.
Homebuyers have to earn 80% more than they did pre-covid to comfortably afford a house today.

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What everyone's getting wrong about the housing market

Tech Insider : Economy, Economy
Photo illustration of a house with a for sale sign and alarm.
While it may be uncomfortable right now, there's a good chance that homebuyers' prospects won't get better anytime soon.

twomeows/Getty Images; Jenny Chang-Rodriguez/BI

Housing affordability has improved, but not by much

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home buyers
US homebuyers need to make $114,000 a year to afford a median-priced home, Redfin says.

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Renting will be cheaper than buying a home for years to come, real estate firm says

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A "for rent" sign is posted in front of a home on December 12, 2023 in Miami, Florida.

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The mortgage 'lock-in effect' could worsen wealth inequality and is likely to last for years to come, FHFA says

Tech Insider : Economy, Economy
housing market

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A housing market rebound may finally be underway

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Housing market recovery
The housing market appears to be starting to loosen.

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Home prices likely to keep rising even as lower mortgage rates bring more supply, according to BofA

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

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2 reasons why the South will stay the hottest housing market in the US

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

Nick White/Getty Images

Real estate stocks plunge as NAR agrees to landmark settlement that rewrites rules on commissions

Tech Insider : Economy
Homes are seen for sale in the northwest area of Portland, Oregon March 20, 2014. REUTERS/Steve Dipaola
The NAR agreed to a groundbreaking settlement on Friday.

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The housing market's inventory crisis is finally easing

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Housing market recovery

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