Also known as backyard cottages or garage conversions, some states are encouraging their construction to ease housing shortages.
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Category: inventory shortage
Confused by the Housing Market? You’re Not Alone! We Explain the Head-Spinning Contradictions
What is going on in this contradiction-riddled housing market? There are so many factors keeping both prices and mortgage rates high.
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There Haven’t Been This Few Homebuyers in the Market Since 1996
The onerous combination of high mortgage rates and few homes for sale is keeping homebuyers out of the market.
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Where Are All the Homes? See the 10 Cities With the Largest Jump in Listings—and 10 With the Biggest Drop
Much has been made of the great housing crisis of the 2020s. These are the places where inventory dropped the most and where it has surged.
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The Housing Shortage Hits Crisis Levels: What Homebuyers, Sellers Need To Know Before Making a Move
The nation is in the clutches of the largest housing shortage it’s ever experienced—resulting in high home prices and bidding wars.
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Just How Hot Will This Summer’s Housing Market Get?
High home prices and mortgage rates aren’t the only problems plaguing this summer’s housing market. This persistent issue is even worse.
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Home Prices Are Finally Falling: How Low Will They Go?
Just how far will home prices fall? That’s the million-dollar question for frustrated homebuyers, worried sellers, and homeowners.
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Affordability Crunch: Where Middle-Class Buyers Can Afford Homes the Most—and the Least
A dire housing shortage has kept prices strong and competition fierce among buyers despite high mortgage interest rates.
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Did Mortgage Rates Just Go Rogue? Why Today’s ‘Bumpy’ Housing Market Just Got Wilder
Despite the Federal Reserve raising interest rates recently, mortgage rates defied expectations and ticked down for the third straight week.
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Is Spring the Make-or-Break Moment for 2023’s Housing Market? A Brutally Honest Look Ahead for Buyers, Sellers
What happens in this spring’s housing market could reverberate through the world of real estate for years to come.
The post Is Spring the Make-or-Break Moment for 2023’s Housing Market? A Brutally Honest Look Ahead for Buyers, Sellers appeared first on Real Estate News & Insights | realtor.com®.