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Experts do not expect a housing market crash, due to low inventory, strict lending standards and other factors. To the dismay of would-be homebuyers, property prices just keep rising.
Even in regions with relatively abundant market-rate housing, the market can fail to supply safe and sufficient housing to populations with very low income or disabilities that impair independent living. Insufficient public funding has contributed to a distinct housing crisis affecting these groups.
High mortgage rates, inflation and low supply have made the road to homeownership a difficult one as of late. While home prices seem to be cooling down, some experts are warning that a potential...
“A crash happens with oversupply,” Yun says. “A 30 percent decrease will not happen, because there isn’t enough inventory.” He believes the housing supply will balance out within five years.
Since the Great Depression, the next most dramatic economic crash of the day came in 2008-09, when the overinflated housing bubble burst, sending the U.S. economy into free fall and devastating...
Land developer Cody Bjugan, founder of Allied Development, put it succinctly: “We have a housing shortage across America, creating affordability issues. The median home price is around 5.2 times ...
The housing market could benefit from a Fed rate cut, which is all but certain to happen when policymakers meet on Sept. 17 and 18. “Fed interest rate cuts in general will bring about lower ...
Housing prices have been increasing for the past decade, with median home values soaring to record highs in 2021. While the market has cooled slightly, high mortgage rates and low inventory have ...