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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 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

My 750-square-foot 'barndominium' has drawn nearly 15 million viewers. Here's a look inside the barn where I live.

Sat, 04/22/2023 - 06:08

Lacey Harwood's barndominium — Lacey Harwood's barn structure that totals to about 985 square feet of living space took less than a year to complete, and cost under $130,000.
Courtesy of Lacey Harwood

Real Estate, tiny homes, Barns, barndominium, Texas, Home builders, as told to

Price discounts for new homes are drying up as demand rebounds, homebuilders say

Mon, 04/17/2023 - 13:46

A worker makes repairs to a home under construction in Newark, California. — A worker makes repairs to a home under construction at the Lennar Bridgeway development in Newark, California.
Justin Sullivan/Getty Images

Markets, MI Exclusive, Home builders, National Association of Home Builders, Housing Market, Home Prices, housing rebound

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