The Fed pushed back against imminent rate cuts this week. Here's what that means for the housing market.

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Federal Reserve Chairman Jerome Powell and US Treasury Secretary Janet Yellen
Federal Reserve Chairman Jerome Powell and US Treasury Secretary Janet Yellen participate in a meeting of the Financial Stability Oversight Council at the US Treasury on July 28, 2023 in Washington, DC.

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The ultimate real-estate guide: Where homes are most affordable, prices have the most upside, taxes and closing costs are lowest, and rents are falling the fastest

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A for-sale sign home in Washington state
Homes are just about the most unaffordable they've been since the 1980s.

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