US Housing Market

Americans Had To Spend 41.8% of Their Income To Afford a Typical Home in 2024, Study Finds

To comfortably afford a home last year, Americans needed to earn at least $116,782, the study noted.

US Housing Supply Hit Four-Year High - But Only Because Homes Are Failing To Find Buyers

The number of listed homes that sat on the market for at least 60 days without going under contract rose to 54.5% in November.

These 3 Housing Markets Will See Plummeting Home Values by 2029

The values of homes in some markets could plummet due to a decline in population and an oversupply of homes, among a number of other factors.

10 Metro Areas Expected To Be the Hottest Housing Sports in 2025

Experts say some metropolitan areas in the United States will see more favorable housing conditions in 2025 compared to other real estate markets.

US Developers Building Housing in Abandoned Shopping Malls To Address Shortage in the Market

As of June, the US is short at least 4.5 million homes, which reflects a growing housing deficit from previous years.

7 US Metro Areas Where Home Prices Are Expected To Soar in 2025

Home buyers are expected to return to the market next year, which could bring up home prices in some metro areas. Here are where prices are expected to increase the most.

Here's What Experts Predict Could Happen to the US Housing Market in 2025

Experts predict that this is what could happen to the US housing market in 2025.

What Could US Homebuyers Expect in the Next Two Years?

Experts say mortgage rates and home prices are unlikely to go down in the next two years despite hopes that buyers could come back to a more affordable market in 2025.

Half of US Homeowners Under 50 Feel Trapped in Their Homes Due to Mortgage Rates, Survey Finds

The contract rate for the 30-year fixed mortgage is currently at 6.78%, which is significantly higher than rates recorded pre-pandemic.

How Can Trump’s Mass Deportation Plan Affect the US Housing Market?

Donald Trump promised to hold the "largest deportation of criminals" in America's history on his campaign trail.

Here’s What Experts Say the US Housing Market Could Look Like in 2025

Higher home prices and elevated mortgage rates have pushed many homebuyers out of the real estate market this year. Here is what experts believe could happen next year.

Donald Trump’s Win Fueled by Housing Affordability Concerns, Analysis Finds

The analysis studied election returns and a home buyer index and found that, nationwide, counties moved toward Trump by 3.1 percentage points.

10 Housing Markets Where Minimum-Wage Workers Can Actually Afford Rent

Homes are considered affordable if they do not cost more than 30% of a worker's annual income. American renter households are burdened by their rent, which means they could be spending more than 30% of their annual income to cover housing costs.

What Could Happen to the US Real Estate Market Under 2nd Donald Trump Presidency

Trump won another four years in the White House after a hotly contested presidential race---with his comes questions about how he could improve the US housing market.

Renter Households Grew Three Times Faster Than Homeowners Amid Rising Homebuying Costs

Median asking rents only grew 0.6% in September whereas home prices rose by 6% in the same period. The share of renter households in the United States has grown at thrice the rate of homeowner households amid rising costs of home buying, according to a new report.

First-Time US Homebuyers Are Now Older Than Ever as Houses Become ‘Wildly Unaffordable'

The median age of first-time homebuyers in 2024 has risen to 38 years old from last year's 35 due to the worsening housing affordability crisis in the US.

Most Home Buyers Won’t Return to the Housing Market Until Mortgage Rates Drop to 4%

The survey found that only 4% of homebuyers in the US would consider purchasing a house at a mortgage rate of 6%.

California Now Home to 7 Most Expensive Zip Codes in the US: Report

A real estate data firm studied US real estate markets with the aim of determining which zip codes have the most expensive homes.

Democrats Call for Biden To Improve US Housing Affordability Before He Leaves Office

Lawmakers are pressing Biden to "take further action" to improve US housing affordability, including protecting renters from corporate landlords.

10 US Cities Where Investors Can Find Reasonably Priced Homes

The high cost of homeownership has pushed buyers out of the market. However, some cities still offer reasonably priced homes for real estate investors.

True Value Files for Chapter 11 Bankruptcy After Weak Housing Market Leads To Declining Sales

The hardware wholesaler True Value will be bought by rival Do It Best for $153 million in cash. Wholesale hardware retailer True Value has filed for Chapter 11 bankruptcy after more than seven decades after opening its doors.

EDITOR'S PICKS

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  Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires

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  Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'

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  How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires

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  What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?