Browsing: housing prices
We’re passing through ‘the worst housing affordability crisis’ ever seen, former Housing Secretary says—and it isn’t going to fix itself
Home prices and rents skyrocketed during the pandemic-fueled housing boom, and mortgage rates subsequently soared. Because mortgage rates shot up…
This decades-long trend in home prices has been ‘flipped on its head’ amid a big shift in the housing market
Since the mid-1980s, new homes typically commanded a price premium over existing homes, Howard Hughes Holdings CEO David O’Reilly told…
Home prices just broke another all-time high. But things might be changing as price inflation slows
I might sound like a broken record, but home prices hit another all-time high in April, according to the S&P…
Maui mayor wants to restrict vacation rentals as locals suffer chronic housing shortage made worse by Lahaina fire—but economist sees ‘economic crash and burn’
Alicia Humiston bought her condo in Lahaina after she visited Maui and fell for its rainforests, lava fields and the…
Treasury Secretary Janet Yellen announces $100 million fund for affordable housing financing as high home prices squeeze Americans
The Biden administration is announcing new steps to increase access to affordable housing as still-high prices on groceries and other…
With multimillion-dollar homes at risk of falling into the sea, Nantucket grapples with who pays for climate projects and how much
Earlier this year, a waterfront house on Nantucket made headlines after its listing price plummeted 74% in the span of…
Say goodbye to the 20% down payment. Zillow says you’ll need to put down roughly 35%, or almost $128,000, to afford a typical home
Thinking about buying a home? You might be in for a rude awakening: a 20% down payment is no longer…
Home prices are rising at their slowest pace in more than a year and mortgage rates could drop soon, setting up a showdown between buyers and sellers
Home prices are much higher than they were before the pandemic. But record home price appreciation might be coming to…
Impossibly high home price are ‘feudalizing’ California as unaffordable housing markets pose existential threat to middle class, study says
There are unaffordable housing markets, and then there are “impossibly unaffordable” markets, four of which are in California, a recent…
Former Yankees star Derek Jeter’s N.Y. castle may finally have a buyer after its asking price was slashed by more than half
Former New York Yankees superstar Derek Jeter has found a potential buyer for his New York castle after the sprawling lakefront property…