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Housing

As the housing market cools off, buyers have "room to breathe"

by Meghan McCarty Carino
Oct 24, 2022
Rates are near 7% for a 30-year fixed mortgage, highest in two decades. For buyers who can afford it, shopping is less stressful.
Listings are staying on the market for about 19 days now, according to Zillow. That's much longer than in the spring.
Joe Raedle/Getty Images
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"Our whole life is in this house": Florida residents begin recovery after Hurricane Ian

by Amy Scott
Oct 14, 2022
The economic damage from Hurricane Ian could exceed $100 billion.
An aerial view of a neighborhood in North Port, Florida, in the wake of Hurricane Ian on Oct. 1.
Win McNamee/Getty Images
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The mortgage business right now is even slower than 2008

by Kai Ryssdal and Andie Corban
Oct 12, 2022
Los Angeles mortgage broker Vivian Gueler says high rates, high home prices and a weak stock market are stopping people from buying homes.
High mortgage rates, among other factors, have chilled the recently hot real estate market.
Federic J. Brown/AFP/Getty Images
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For millennials, the cost of homes and other milestones just keep rising out of reach

by Nova Safo , Meredith Garretson and Alex Schroeder
Oct 7, 2022
We looked at the costs of major expenses like homes and vacations and adjusted for inflation. It's not pretty.
Younger generations looking to buy a home will encounter a volley of challenges due to years of inflation, stagnating wages and rising prices.
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Chicago is turning some of its iconic office buildings into apartments

by Meghan McCarty Carino
Oct 4, 2022
But adaptive reuse isn’t as simple as swapping out cubicles for beds. Developers often need to charge a lot to make conversions worthwhile.
Barnard professor Homa Zarghamee says learning about economic inequality is a fundamental part of understanding the modern economy.
Scott Olson/Getty Images
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How brutal is NYC’s rental market? Just ask this producer.

by Dylan Miettinen
Sep 28, 2022
One report found that net effective median rent in Brooklyn jumped more than 27% year-over-year in August.
A public radio producer, two roommates and a corgi team up to take on Brooklyn's competitive rental market.
Dylan Miettinen/Marketplace
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Federal Reserve finds working from home has been a big driver of inflation

by Lily Jamali
Sep 27, 2022
San Francisco Fed researchers say the work-from-home shift may account for more than half of overall home price and rent increases in the U.S.
Demand for newer, bigger housing options that provide space for working from home has grown during the pandemic.
Valery Hache/AFP via Getty Images
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Many Chinese homebuyers are paying mortgages on homes they may never live in

by Jennifer Pak
Sep 14, 2022
With real estate firms in financial distress, thousands of people are left with unfinished condos. Some are trying to fight back.
Last year, musician Chen Peng took Marketplace to the development in Zhengzhou where he bought a two-bedroom condo. The development remains unfinished today.
Charles Zhang/Marketplace
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Even as the housing market cools, luring discouraged buyers back may be a challenge

by Amy Scott and Sarah Leeson
Sep 13, 2022
Prices may be coming down and houses are on the market longer, but many potential buyers have given up.
Sellers are "not only getting realistic about their asking price, but they're also having to get realistic about doing repairs," says LaTisha Grant of the TAS Realty Group in Houston.
Justin Sullivan/Getty Images
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Rent caps come to the fore as hikes spike

by Samantha Fields
Aug 30, 2022
Rents have been rising fast along with the price of homes, prompting discussion of rent control or stabilization.
Rent prices are on the rise across the U.S., prompting conversation about setting limits on increases. 
Brandon Bell/Getty Images
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