In the U.S. and across the Western world, there is a great deal of consternation over the cost of living. In particular, about the fact that it is hard for young couples to buy a house. One wonders, why is that?
Democratic Philadelphia Mayor Cherelle Parker said Tuesday that the city hopes to launch a publicly backed mortgage program before the end of 2026, offering low down payments and expanded access to borrowers with weaker credit histories in a move that echoes…
A luxury hotel in downtown Portland has sold for 93.6% less than its previous purchase price, according to the Portland Business Journal. The 221-room Royal Sonesta hotel, located at 506 S.W. Washington St., was purchased for just $6.83 million by an entity linked to…
Then increased demand from illegal immigration also put pressure on prices. Housing and Urban Development Secretary Scott Turner shared the jaw-dropping increase to Fox News in July: "When we first came in with President Trump, we had open borders. We…
In June, Townhall opinion columnist Jared Whitley laid out the underlying issues of housing affordability and it all comes down to an issue of supply. Housing researchers estimate that the nation's housing shortage is somewhere between four and seven million…
Thousands of abandoned homes are still haunting neighborhoods across America — even as the nation’s so-called “zombie foreclosure” problem shows signs of easing. These properties, left vacant by homeowners before the foreclosure process is completed, can become eyesores for surrounding communities,…
The average long-term US mortgage rate declined for the second straight week, falling to its lowest level in more than a month. The benchmark 30-year fixed-rate mortgage fell to 7.24% from 7.32% last week, mortgage buyer Freddie Mac said Thursday. One year…
Most variations of the “American dream” include homeownership in some form. Yet we hear complaints from young adults every day that the housing market is growing ever more unaffordable. It’s not just Gen Z noticing, either. Polling shows that 90% of…
High mortgage rates and concern over the broader economy have taken their toll on the housing market, freezing sales for the last few months. Now those issues are having an impact on home prices and rents. The median U.S. home sale…
The American dream of homeownership is becoming increasingly dependent upon whether your parents have assets. A new analysis from Rocket Mortgage found that the share of homebuyers under 35 purchasing property with a co-applicant over 55 increased 21% between 2018 and 2025. Approximately one in…
Home prices and sales, mortgage rates, rents and homebuilding: the American housing market and what it costs to buy.
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