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Housing

What it means to buy a house on a block that loves Christmas

by Stephanie Hughes
Dec 20, 2022
Residents of 34th Street in Baltimore purchased not just a dwelling, but a whole new way of life during the month of December.
Joey Zeledon (left) and Martelle Esposito work on the display in front of their home on 34th Street in Baltimore.
Stephanie Hughes/Marketplace
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Homebuilder confidence drops for 12th straight month

by Meghan McCarty Carino
Dec 19, 2022
High mortgage rates are causing homebuilders to pull back. A measure of sentiment has dropped to its lowest level since 2012.
With mortgage interest rates nearly doubling this year, homebuilders are pulling back on new projects.
Frederic J. Brown/AFP via Getty Images
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Demand, construction slowing for single-family homes

by Samantha Fields
Dec 19, 2022
This year will see the first year that single family home building has decline since 2011, according to the National Association of Home Builders.
An aerial view of new homes under construction.
Getty Images
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Rents are finally starting to fall. Here's why.

by Lily Jamali
Dec 15, 2022
There was a huge surge in demand early in the pandemic. That has cooled down dramatically, and in some areas, demand is starting to be met.
Rents in some of the country's most unaffordable markets have begun to dip.
Joe Raedle/Getty Images
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The housing market is looking less and less appealing to consumers

by Lily Jamali
Nov 25, 2022
Americans see this as a bad time to buy a home, according to a consumer sentiment survey from the University of Michigan.
Despite slowing, the housing market is still holding its own, historically speaking, says Jonathan Miller, president and CEO of Miller Samuel Real Estate Appraisers.
Allison Dinner/Getty Images
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Housing markets across the globe hit by rising rates

by Matt Levin
Nov 24, 2022
The U.S. isn't the only country with a central bank that's hiking rates. Here's how that's affecting housing markets around the world.
Apartments on the market in Berlin. Tightening monetary policy is cooling housing demand in Germany, but immigration may stimulate it.
David Gannon/AFP via Getty Images
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Southwest Florida had an affordable housing shortage. Hurricane Ian made it worse.

by Mitchell Hartman
Nov 22, 2022
Lee County in Southwest Florida, where the storm made landfall, still faces monumental challenges housing people displaced by the storm.
About a month after Hurricane Ian made landfall near Fort Myers, piles of debris lined the streets. "That has all of their drywall, carpeting, all their cabinets, beds and everything," said Gladys Cook at the Florida Housing Coalition. "There’s thousands of people in that situation.”
Mitchell Hartman/Marketplace
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Economic Pulse

In this housing market, all-cash deals are king

by David Brancaccio , Jarrett Dang and Erika Soderstrom
Nov 17, 2022
Private equity firms and other real estate investors are taking advantage of high mortgage rates in low-income neighborhoods, says housing strategist Majora Carter.
Housing strategist Majora Carter says that the trend is especially pronounced in low-income neighborhoods, where private equity firms and other companies use all-cash deals to rapidly snap up housing.
Scott Olson/Getty Images
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U.S. mortgage rates top 7% for the first time in 2 decades

by Associated Press
Oct 27, 2022
Many potential homebuyers have moved to the sidelines as mortgage rates have more than doubled this year.
Allison Dinner/Getty Images
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Some signs that rents may be moderating after an up-and-down ride

by Sabri Ben-Achour
Oct 25, 2022
Migration shifts due to the pandemic are among the factors that have contributed to price fluctuations in the rental market.
A new report says that renting a place in most of the country has become cheaper per month than owning. 
Frederic J. Brown/AFP via Getty Images
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