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Homeownership

Existing home sales are down nearly 37%, NAR data shows

by Samantha Fields
Feb 21, 2023
Prices are still rising, but more slowly. What does that mean for house hunters this spring?
"We're at a very interesting point in the U.S. housing market where many people feel like the 2023 could really go either way," says Igor Popov, chief economist at Apartment List.
Mario Tama/Getty
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Adventures in Housing

When solo homeownership is not in the budget, some friends "double up"

by Sarah Leeson
Nov 29, 2022
Sharing a home with a nonromantic adult can come with big benefits, in addition to the break in rent.
Co-habitation, or "doubling up," is a living solution for adults who can't afford homeownership on their own.
Joe Raedle/Getty Images
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For millennials, the cost of homes and other milestones just keep rising out of reach

by Nova Safo , Meredith Garretson and Alex Schroeder
Oct 7, 2022
We looked at the costs of major expenses like homes and vacations and adjusted for inflation. It's not pretty.
Younger generations looking to buy a home will encounter a volley of challenges due to years of inflation, stagnating wages and rising prices.
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With rising home prices and stagnating wages, a new savings goal: Beyoncé tickets

by Jordan Mangi
Aug 4, 2022
Concert tickets might not break your soul like, say, buying a home in this market could.
The last time Beyoncé went on tour was 2016. Floor tickets in some cities went for over four figures on the resale market.
Frank Micelotta/Parkwood Entertainment via Getty Images
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What does the existing home market look like, especially with mortgage rates rising?

by Stephanie Hughes
Mar 18, 2022
The housing market for homes that have been occupied before is already tight and may become even more competitive.
Housing strategist Majora Carter says that the trend is especially pronounced in low-income neighborhoods, where private equity firms and other companies use all-cash deals to rapidly snap up housing.
Scott Olson/Getty Images
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Private equity money changed the housing market, then the pandemic hit

by Meghan McCarty Carino
Sep 29, 2021
Big corporate landlords are more likely to evict and harder to talk to, experts say.
The uptick in private equity money in the housing market could pose challenges for renters. Above, New York City's Stuyvesant Town apartments in 2006. Today it's owned by private equity firm Blackstone and its partner Ivanhoé Cambridge.
Don Emmert/AFP via Getty Images
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Does owning a home turn us into worse people?

by Andie Corban and Amy Scott
Aug 6, 2021
Vox's Jerusalem Demsas explains how homeownership can drive people to oppose policies that are beneficial for the entire neighborhood.
The housing affordability crisis used to be confined to people with lower incomes, says Jerusalem Demsas. "Now housing unaffordability has gone through the roof," she says.
David McNew via Getty Images
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Report shows decrease in underwater mortgages

by Nancy Marshall-Genzer
Aug 5, 2021
The numbers aren't like what they were during the housing crisis, when almost a quarter of homeowners owed more than what their home was worth.
Justin Sullivan/Getty Images
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Race and Economy

Biden administration says it will address racial inequity in home appraisals

by Andy Uhler
Jun 2, 2021
The government plans to use fair housing laws and regulatory action to address the racial disparity in home valuations.
President Joe Biden lays out policy proposals aimed at narrowing the racial wealth gap during a speech in Tulsa, Oklahoma.
Brandon Bell/Getty Images
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Adventures in Housing

Overcoming fear as a first-time homebuyer

by Maria Hollenhorst
May 25, 2021
“It’s been very empowering for me, even though it has been very difficult,” says Ko Bragg, a journalist based in New Orleans.
Ko Bragg, one of the 2.38 million Americans who purchased a home for the first time in 2020, inside her New Orleans house.
Courtesy Ko Bragg
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