Both the buyer and the seller have unrealistic expectations right now, while prices and mortgage rates are high.
Will housing prices go down with fewer short-term renters around?
It's unclear whether reducing the number of short-term rentals will free up housing for city residents.
Prices are rising, rates are climbing and supply is dwindling. That puts people who already own a home ahead.
Mortgage rates are still high, but some real estate agents have been citing an old refrain: "You can always refinance." Except, others say, when you can't
A new report finds the rate of mortgage borrowers considered "equity rich" increased to 49% in the second quarter.
Asking rents are down 1% nationally, though they're still rising in some regions.
Property values are generally down from the same time in 2022, but they have been rising in recent months and vary regionally.