Developers press on with apartment building as would-be homeowners rent instead

Aug 15, 2022
Putting rental units on the market isn't easy, though.
Supply chain issues and rising labor costs make it hard to get new apartment buildings on the market.
Frederic J. Brown/AFP via Getty Images

Why is there a real estate crisis unfolding in China?

Massive debt amongst property developers like Evergrande have led to incomplete buildings and angry homebuyers.
"Property developers have run out of money." said Jennifer Pak, Marketplace's China Correspondent.
LIU JIN/AFP via Getty Images

Buyers and sellers are feeling a shift in the housing market

Jul 27, 2022
In some markets, sellers can no longer bet on multiple offers and quick deals, and buyers can afford to be pickier.
Mortgage rates have climbed, and the real estate market has cooled.
Justin Sullivan/Getty Images

Are rising mortgage rates already cooling the hot real estate market?

Jun 20, 2022
The number of pending sales is down from last year, but homes are still selling quickly.
Mortgage rates have doubled since a year ago to about 6%, but homes are still selling swiftly.
Frederic J. Brown/AFP via Getty Images

New federal programs aim to shrink the racial housing gap

Jun 20, 2022
The homeownership rate among Black Americans is 42%. For white Americans, it's more than 70%.
Housing inequities in the U.S. are a result of redlining and predatory lending.
Stefani Reynolds/AFP via Getty Images

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

Why are there still so few houses for sale?

May 31, 2022
Sellers who don't want to become buyers and the refinancing craze play roles in the lack of supply.
On a typical day in April 2019, about 1.2 million homes were for sale in the United States. Last month, it was a little over 400,000. 
Frederic J. Brown/AFP via Getty Images

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Remote work is driving up housing costs

May 31, 2022
Extra space is at a premium for those who want to Zoom in peace.
Zillow predicts home prices will continue rising through 2023.
Justin Sullivan/Getty Images

Rising interest rates and soaring home prices put mortgage payments out of reach for many

May 26, 2022
The median payment on a new mortgage increased almost 9% from March to April.
Pending home sales declined by 3.9% in April, the sixth consecutive monthly drop.
Scott Olson/Getty Images

There are signs that the red-hot housing market may be cooling down

May 18, 2022
Yes, mortgage rates are high. But demand is starting fall because of that, and prices aren't rising as fast as they have been, experts say.
Though home prices are still rising, they're not rising as fast as they have been, according to Redfin.
Justin Sullivan/Getty Imags