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Stories Tagged as

Home prices

Millennials locked out of hot real estate markets

by Mitchell Hartman
Nov 29, 2021
The National Association of Realtors reported on Monday that pending home sales were up 7.5% in October.
Millennials are staying in their apartments for longer than they would have a decade ago, likely due to the high cost of first-time homes.
Spencer Platt via Getty Images
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National home prices reach record high

by Matt Levin
Aug 31, 2021
Home prices are now up 41% since 2006, before the housing market crash that zapped the economy.
Saul Loeb/AFP via Getty Images
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Frustrated buyers wonder when housing market will get easier

by Mitchell Hartman
Jun 23, 2021
Is there light at the end of the tunnel for folks struggling to buy in a hot housing market?
Stephen Brashear/Getty Images for Redfin
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It's getting more expensive to build a house

by Marielle Segarra
May 18, 2021
The land, labor, supplies, and permits add up.
Frederic J. Brown/AFP via Getty Images
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Housing is hot, and LA mortgage broker sees no sign of a slowdown

by Kai Ryssdal and Andie Corban
Apr 29, 2021
Vivian Gueler of Pacific Trust Group says demand for housing in Los Angeles is outpacing supply, thanks largely to low interest rates.
Justin Sullivan/Getty Images
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Institutional investors are stiff competition for homebuyers

by Amy Scott
Apr 13, 2021
A report estimates that 1 in 5 homes sold in the U.S. goes to an institution like a pension or sovereign wealth fund.
The added competition for so few houses is further driving up prices for everyone.
Joe Raedle/Getty Images
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Home prices have been rising at fastest clip in 15 years

by Samantha Fields
Mar 30, 2021
Prices climbed 11% year over year in metro areas, driven by the limited number of homes for sale and low mortgage rates.
Booming home prices, driven by limited inventory and low interest rates, can frustrate potential buyers.
Matt Cardy/Getty Images
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Soaring lumber costs add to the price of new homes

by Amy Scott
Feb 22, 2021
An increase in the cost of new homes then drives up the price of existing homes, as the overall market becomes more competitive.
Tim Boyle/Getty Images
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My Economy

What a busy holiday season meant for a Utah baker

by Andie Corban
Jan 29, 2021
Rita Magalde was "swamped" with orders for her baklava in December. When it was over, she called her realtor.
Rita Magalde with some of her sweet treats. Her business boomed during the holiday season.
Carlos Linares/Photo courtesy of Rita Magalde
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Home prices keep rising in the pandemic

by Amy Scott
Aug 25, 2020
But low interest rates soften the blow.
A house for sale in Arlington, Virginia, in May. Thanks to low interest rates, affordability has improved in many locales in the U.S.
Andrew Caballero-Reynolds/AFP via Getty Images
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