Housing

Realty firm Redfin said homes are less affordable than at any time since they started tallying the numbers 11 years ago.

New data from Harvard’s Joint Center for Housing Studies shows that a growing number of people in their 60s, 70s and 80s still have mortgage debt, and they’re carrying more of it than than previous generations did.

They were up 6.7% in September from a year ago, according to an index out this week from S&P CoreLogic Case-Shiller — the highest of the 20 metro areas.

The economics of homebuying have changed over the decades.

The jurors found that the National Association of Realtors and a couple of big brokerages conspired to inflate commissions.

A lot of homebuilders are working with lenders to offer lower mortgage rates — or they're offering other incentives like money towards closing costs.

The number of completed homes rose last month. But further up the housing pipeline, homebuilders are starting fewer projects right now.

Ireland has a budget surplus of $10.9 billion, which has been driven by soaring corporate tax revenue from tech and pharmaceutical companies.

The average monthly payment on a new mortgage rose 46% in 2022, and home prices and mortgage rates have continued to climb in 2023.

Nearly half of people 18 to 29 are currently living at home with their families, many because they just can't afford to move out.