housing market

Median incomes have grown since then. But median home prices have grown faster.

Mortgage rates and existing home prices are high, but the spillover effect on today’s economy has turned out to be more limited than one might think.

“People that have been on the sidelines, they realize that this is probably going to be a while,” said Vivian Gueler, a mortgage lender in LA. “So they're just jumping off the sidelines and starting to look around a little bit.”

The number of “starter homes” on the U.S. market hit a record low in 2022. The supply is starting to rise in some parts of the country, though sales are not.

Nearly two-thirds of builders are offering things like free appliances or lower-interest rate loans, according to the National Association of Home Builders.

Stuart Thompson, reporter at the New York Times, tried selling his house using a chatbot instead of a realtor. The result? A higher sale price than he was expecting.

And on the flip side, can the state of the housing market (and the overall economy) affect divorce rates?

The appliance maker said sales of major appliances in North America fell nearly 7.5% last quarter in its latest earnings report.

While would-be buyers are facing economic uncertainty, would-be sellers can afford to hold out for more money.

The Sun Belt has previously been a hot real estate market, but Redfin analysis found that the Texas market might be softer this spring.