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Realtor.com chief economist Danielle Hale told FOX Business that the U.S. is facing a deficit between 2.5 million and 7.2 million homes, which underscores the dire need to build more housing.
Still, Fed Chair Jerome Powell has said the crux of the country’s housing crisis is a supply issue—something the central bank can't address. To put it plainly, there are just not enough homes ...
Americans are in the throes of the worst housing affordability crisis in decades. Baby Boomers aren’t parting with their homes, insurance costs are skyrocketing, mortgage rates are sky-high and ...
The housing affordability crisis has grown so significant that commentators think it could be a big topic in the 2024 presidential election. President Joe Biden is clearly alert to the issue and ...
Yesterday daily mortgage rates hit a 52-week low, coming in at 6.34% (although they’re back up to 6.52% today). But that’s only one part of the equation: Before all the mortgage rate drama ...
From suburban New York to rural Montana, candidates for U.S. Congress are getting an earful from voters stressed by stratospheric housing costs, interviews with Democratic and Republican campaigns ...
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“Naturally, increased homebuilding comes to mind, but the type of properties that do get built should reflect varying price points and not just be concentrated on the upper end of the market.”