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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 ...
Amid affordable housing shortage, Des Moines is developing a plan that officials say will provide a roadmap for achieving a "complete" housing market.
According to Wall Street economists, the U.S. housing market will not significantly improve until at least 2026, and home affordability is unlikely to increase without a recession. Bank of America ...
And housing starts have still not recovered from the bursting of the housing bubble in the mid-2000s. Divide between haves and have-nots The forecast for a “stuck” housing market cuts both ways.
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
The units will include a mix of one-, two- and three-bedroom apartments reserved for residents earning up to 50% and 60% area median income. For one person, 60% of the median income for the Des ...
“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.
Much of the data surrounding this year's housing market points toward a delicate recovery period -- perhaps softening the pain of continued Fed rate increases. While signs are pointing upward ...