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Most Housing-Survey Respondents Support More Homebuilding, But Many Don’t Want a Complex in Their Neighborhood

Most Housing-Survey Respondents Support More Homebuilding, But Many Don’t Want a Complex in Their Neighborhood

Nearly 80% of respondents to a recent Redfin survey support policies that promote homebuilding. But just one-third of them would feel positive about a large new apartment complex built near their home.Nearly four of every five (78%)[...]
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Housing Market Update: Pending Home Sales Drop 13% Year Over Year  As Mortgage Rates Stay Stubbornly High

Housing Market Update: Pending Home Sales Drop 13% Year Over Year As Mortgage Rates Stay Stubbornly High

With monthly housing payments at an all-time high, would-be buyers are waiting for homes to become more affordable. But slightly more homeowners are listing their homes this month, providing a glimmer of hope for buyers who want more to[...]
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4 Ways to Buy Your First Home, Even as Affordability Worsens

4 Ways to Buy Your First Home, Even as Affordability Worsens

Originally published to Forbes on September 12, 2023.For many young Americans, the dream of owning a home feels less like a middle-class milestone and more like a prize available only to those with family money or extraordinary[...]
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Housing Market Update: Monthly Housing Costs Hit All-Time High, Deterring Would-Be Buyers

Housing Market Update: Monthly Housing Costs Hit All-Time High, Deterring Would-Be Buyers

7%-plus mortgage rates and increasing home prices have pushed the typical U.S. monthly mortgage payment to a record high, and sent pending home sales down 12% year over year. What homebuyers need to know: It’s more expensive than ever[...]
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Rental Market Tracker: Landlords Are Charging Near-Record Rents—But Offering Concessions

Rental Market Tracker: Landlords Are Charging Near-Record Rents—But Offering Concessions

The median U.S. asking rent in August was $2,052, just $2 below (-0.1%) the record high set a year earlier. That’s up just slightly (0.7%) from a month earlier, when the typical asking rent was $2,038.While asking rents are near their[...]
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