Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

More housing stock means the market may be shifting in favor of buyers

Mar 18, 2024
New home listings hit a 17-month high in February, and as more sellers sell, housing prices could flatten, says Conor Sen at Bloomberg Opinion.
"We're seeing inventory really grow off the very low levels of last year," says Bloomberg's Conor Sen. "And in a market that's very undersupplied, that's becoming a meaningful amount of inventory."
Brandon Bell/Getty Images

For a couple in Maine, calling a Grange Hall home means financial freedom

Feb 23, 2024
With the goal of living mortgage-free, "I really knew that I would go anywhere and I would live in anything," Kate Mill says.
After living in Nashville, Tennessee, for 23 years, Henry Pile and Kate Mills bought this  Grange Hall in Livermore Falls, Maine.
Courtesy Henry Pile

Amid a national housing shortage, Texas is an exception

Feb 7, 2024
"This market is just really wacky right now," says Houston-based broker LaTisha Grant.
The number of homes for sale in Texas has more than doubled from its low during the pandemic.
Photo by Mark Wilson/Getty Images

Why does a bank sell your mortgage?

Feb 6, 2024
Most are sold into the secondary market, which increases liquidity and makes it easier to get a mortgage at a lower interest rate.
Today, upward of 70% of mortgages are sold into the secondary market, typically bundled with others to create a mortgage-back security. It can be annoying, though, when your servicer changes.
Brandon Bell/Getty Images

The housing sector is coming out of the doldrums. But will it keep improving through 2024?

Dec 20, 2023
We jumped into the Marketplace time machine to ask some experts how things look from next December.
Brandon Bell/Getty Images

Why a 0.08% drop in the mortgage rate might seem bigger than that

Dec 15, 2023
There’s research that shows when the left-most digit of a number changes, we tend to give the change more weight.
Though rates coming down may spur some to buy, others might take it as a sign that rates will continue to fall — and wait to see how far they'll go.
Brandon Bell/Getty Images

More older people are still paying off mortgages

Nov 30, 2023
New data from Harvard’s Joint Center for Housing Studies shows that a growing number of people in their 60s, 70s and 80s still have mortgage debt, and they’re carrying more of it than than previous generations did.
In 1989, just 3% of homeowners over 80 still had a mortgage. Now, nearly a third do.
Nes/Getty Images

For public good, not for profit.

Why isn't there an Amazon for real estate?

Nov 8, 2023
Despite the world going digital, homebuying is still a highly analog process. James Rodriquez of Insider discusses the quest for a superapp.
While the initial house hunt can be done online, arranging inspections, figuring out escrow and other tasks tend to be done in person, on the phone and on paper.
Shaun Curry/AFP via Getty Images

With many homebuyers priced out, builders try to sweeten the deal

Oct 25, 2023
A lot of homebuilders are working with lenders to offer lower mortgage rates — or they're offering other incentives like money towards closing costs.
"The best way to deal with inflation is supply, right?" says Logan Mohtashami of HousingWire. "You want to build as much as you can and get those homes out there for people to live in and bring down the rise of rents."
ANNVIPS/iStock / Getty Images Plu