Adventures in HousingI've Always Wondered ...My EconomyTrump's Second Term

Loading...

0:00
0% played
Support the trusted economic news you rely on with a tax-deductible year-end gift to Marketplace! Give Now 🎁
Stories Tagged as

Housing market

Low mortgage rates make owners feel locked in — and leave buyers in the cold

by Matt Levin
Dec 18, 2024
With the "lock–in effect" shrinking inventory, 1.7 million fewer homes were sold between 2022 and 2024, per a federal housing study. 
A reduction in supply driven by homeowners holding on to low-rate mortgages increased prices by 7%, said Jonah Coste with the Federal Housing Finance Agency.
Mario Tama/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

What were the most popular cities to move to in 2024?

by Samantha Fields
Dec 18, 2024
People are seeking more affordable homes in exurbs and small cities in the Northeast and Midwest, according to new data from Zillow.
Waterbury, Connecticut, placed eighth in Zillow's list of the most popular housing markets of 2024. The city is 33 miles from Hartford, the state capital, and 77 miles from New York City.
Stan Godlewski/The Washington Post via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Realtors group issues rosy forecast for housing market in '25

by Mitchell Hartman
Dec 13, 2024
Stabilizing interest rates and moderating home prices are among the positive predictions in the Realtors' report. Some see risks to that scenario.
The incoming Trump administration's plans for tariffs and deportations have some analysts concerned about the effects on the housing market.
Andrew Caballero-Reynolds/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Gen Z is burdened by rent. That doesn't bode well for its future wealth

by Caleigh Wells
Oct 23, 2024
A majority of 18-to-25-year-olds spend more than 30% of their pre-tax income on rent.
Two consecutive rent-burdened generations can't keep up with the housing market.
Bridget Bennet for the Washington Post/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Homebuyers are still waiving inspections. Could the latest Fed rate cut help turn the tide? 

by Janet Nguyen
Sep 30, 2024
In a competitive housing market, buyers are forgoing their right to an inspection, or the right to walk away from a property if it’s not in good condition.
The housing market is so competitive in some areas that buyers feel pressured to waive home inspections.
Marje/Getty Images
Share Now on:
SHARE

Assumable mortgages give buyers a second chance at low rates

by Amy Scott
Sep 23, 2024
But they come with some caveats.
“Unfortunately, 98% of sellers don’t actually know that they’re eligible for the opportunity to include their mortgage in their home sale,” said Raunaq Singh, founder and CEO of Roam.
Joe Raedle/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE

Homebuilder confidence up ahead of expected rate cuts

by Elizabeth Trovall
Sep 17, 2024
Easing monetary policy would make construction and mortgage loans cheaper, potentially lifting a depressed housing market.
Lower rates would make homes cheaper to build and bring down mortgage costs a bit.
Patrick T. Fallon/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE

For public good, not for profit.

Donate

Furniture retailers like Wayfair suffer as fewer people buy homes

by Daniel Ackerman
Aug 2, 2024
This week, Wayfair reported a $42 million loss and its CEO compared the drop in demand to the one seen in the last financial crisis.
Wayfair, among other furniture retailers, has experienced revenue declines in recent months.
Scott Olson/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE

In a tight housing market, Texas is seeing some relief for buyers

by Amy Scott and Sarah Leeson
Jul 30, 2024
"I have not seen us write more than two offers before getting an acceptance, whereas before it was writing offer after offer after offer," said Houston real estate broker LaTisha Grant.
Share Now on:
SHARE

Homebuilders still glum with rates still high

by Daniel Ackerman
Jul 16, 2024
In the midst of a lagging housing market, builders hope for easier terms on mortgages and construction loans.
The sluggish housing market has some builders on the sidelines.
Robert Nickelsberg/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE