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High home prices and mortgage rates have made it much harder for Americans—especially first-time buyers—to purchase homes.
In summary, the U.S. housing market is set for a slow, grinding recovery, with buyers facing persistent affordability challenges and rents ticking upward because of the ongoing freeze in for-sale ...
Since the Great Depression, the next most dramatic economic crash of the day came in 2008-09, when the overinflated housing bubble burst, sending the U.S. economy into free fall and devastating ...
America’s housing market is flashing red on multiple fronts, with affordability at its worst in years and little relief in sight. From elevated mortgage rates to general lack of affordability to ...
Recession forecasters are keeping their eye on a handful of warning signs in the housing market. Weakness in the housing market could spill over to other areas of the economy, sources told BI ...
Warning signs emerging in the US housing market are “eerily similar” to those seen just before the sector imploded during the Great Recession, a prominent market historian warned this week.
Jerry Howard, the CEO of the National Association of Home Builders, predicted Monday that 2023 may be a "rough year" for the market.
Talk about a turnaround: After two years of extreme bidding wars, packed open houses and sky-high prices, the housing market is finally starting to cool off.
Home prices continued to decelerate at the fastest pace on record in August—intensifying a decline since this spring that has some experts worried the abrupt turnaround in the housing market ...
Warning Signs That Could Dampen the Housing Market Experts say that the combination of high mortgage rates, inflated home values and scarce inventory suggest that 2024 could remain a challenging ...
Rental Vacancy Rates as a Precursor Another sign of a housing crash coming is actually found in the rental market, according to Ritika Asrani, owner of Century 21 St Maarten Real Estate.
Rental Vacancy Rates as a Precursor Another sign of a housing crash coming is actually found in the rental market, according to Ritika Asrani, owner of Century 21 St Maarten Real Estate.
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