The housing market is finally starting to cool off

Jun 16, 2022
Mortgage rates are up. Realtors are being laid off.
High mortgage rates means reduces the pool of potential homebuyers. Fewer buyers could mean houses are on the market longer, which could prompt sellers to reduce prices.
Chris Delmas/AFP via Getty Images

Although housing starts slid in January, more building is coming

Feb 17, 2022
As that omicron wanes and weather warms, analysts expect building to pick up. That doesn't mean it'll make a dent in the housing shortage.
Getty Images

Home building remains stuck in the mud

Apr 19, 2019
Last month's flooding did not help matters.
Construction workers are seen outside a new house being built in Monterey Park, California on March 19, 2019. - The Los Angeles metro area is one of the worst areas in the country for first-time home buyers, according to a study released by Bankrate.com, which analyzed the 50 largest metropolitan areas in the country with Los Angeles finishing behind San Francisco as the worst for first-time home buyers. 
FREDERIC J. BROWN/AFP/Getty Images

Need some Econ 101?

Our new Marketplace Crash Course is here to help. Sign-up for free, learn at your own pace.