Get ready: Gen Z is coming for the housing market

Tech Insider : Economy
woman taking a selfie while sitting cross legged on a pile of houses
With technology and know-how that previous generations could have only dreamed of at their age, a growing number of Gen Zers are turning to real-estate investing as an escape from the traditional 9-to-5.

iStock; Marianne Ayala/Insider

Home prices fell annually for the first time since 2012, but the collapse of Silicon Valley Bank is bringing more buyers to the housing market

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Home for sale sign

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Home construction unexpectedly surged in February as slump in lumber prices offset pain of rising mortgage rates

Tech Insider : Economy
Construction work on a new apartment building in Austin, Texas in February 2023.
Construction work on a new apartment building in Austin, Texas.

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A top real estate economist breaks down how the Silicon Valley Bank failure can push more homebuyers into the housing market as mortgage rates fall faster than expected

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home for sale

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We moved to North Carolina but are about to leave because the salaries aren't high enough and the diversity we value ended at the city limits

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Cielo De Jose and William Scott
Cielo De Jose and William Scott moved from California to North Carolina a year ago, and are already planning to head back west.

Cielo De Jose

Here's why you should expect a housing rebound, according to a top economist at the National Association of Realtors

Tech Insider

Gooood morning readers! I'm Phil Rosen. On tap today we've got a great interview with a top real estate economist and this week's best markets stories, including updates on the Silicon Valley Bank meltdown.

Before we get to that — who do you think I should speak to next? 

Homebuyers, take note: 21 spots across the US where prices may fall

Tech Insider
Chicago, Illinois.
The housing market in and around Chicago is among the most vulnerable to a decline, Attom data suggests.

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A top real estate economist explains why a housing rebound is coming as rising sales and lack of supply look poised to lift home prices

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Home for sale

FREDERIC J. BROWN / Contributor/Getty Images

I'm a 34 year old who lives on a boat in the canals of England. It was the least expensive way to buy a home and allows me to lead an extraordinary life.

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A woman standing on a narrowboat in England
Elizabeth Earle bought her boat, Maggie, in 2022 and has been living on it for almost a year.

Elizabeth Earle

Some of Wall Street's top commentators fear a recession is at hand as rates set to go higher for longer

Tech Insider : Economy

Good morning. I'm Phil Rosen, writing to you just blocks away from the Federal Reserve building in Manhattan. 

Yesterday on Capitol Hill, Jerome Powell reiterated his warning that the Fed's more than ready to keep jacking up rates if necessary. 

Inflation hasn't gone away as easily as policymakers want, and Powell thinks that may just warrant a steeper policy path. 

He did make clear, however, that nothing yet is set in stone (traders have doubled the expected odds of a half-point hike at this month's meeting).  

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