Empty-nest baby boomers won't give up their large homes — and it's hurting millennials with kids

Tech Insider : Economy
Development of single-family homes in Burke, Virginia.
Development of single-family homes in Burke, Virginia.

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24-year-olds are more likely to own homes than millennials and Gen X when they were that age

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A family shopping for a home with a Realtor.
They might not care as much about the milestone, but most adult Gen Zers are out-pacing older generations in homeownership, according to Redfin.

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Sliding mortgage rates are helping to thaw the frozen housing market, Redfin says

Tech Insider : Economy, Economy
A house is for sale in Arlington, Virginia, July 13, 2023.
The housing market may be on the rebound at last.

Saul Loeb/AFP/Getty Images

The housing market is seeing a resurgence as sinking mortgage rates unlock more inventory and sales

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Mortgage Rates
In this March 15, 2021 file photo, a sold sign stands in front of new home under construction in Houston. Mortgage rates remained near historic lows this week, Thursday, June 10.

AP Photo/David J. Phillip, File

The Fed brought some relief to the housing market

Tech Insider
home for sale expensive
The Federal Reserve's rate cut outlook is already being felt in mortgage rates.

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The 'tide turns' in the housing market as asking rents fall by the most in nearly 4 years

Tech Insider
Houses with a 'for rent' sign in front of them

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Housing keeps getting less affordable – and the math only improved in one major city this year, says Redfin

Tech Insider : Economy, Economy
A real estate agent holding a house key
Redfin expects mortgage rates to dip next year.

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The housing market has hit 'rock bottom' and the sales slump will last a long time, Redfin CEO says

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Redfin

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The housing market is loosening up as mortgage rates sink, but 'window of opportunity could be narrow'

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Homebuyers signing a mortgage.
Homebuyers signing a mortgage.

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The 10 cities with the most competitive housing markets

Tech Insider
Omaha Nebraska
Omaha, Nebraska, is one of the most competitive housing markets in the country right now.

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