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Housing market analyst ‘Poison Ivy’ Zelman, who called the 2008 bust that led to the Great Financial Crisis, sees ‘extremely depressed levels’ of existing home sales for years
FinanceHousing market analyst ‘Poison Ivy’ Zelman, who called the 2008 bust that led to the Great Financial Crisis, sees ‘extremely depressed levels’ of existing home sales for years
By Alena BotrosNovember 21, 2023
Mortgage rates have been falling for weeks as inflation fades—but the housing market may still struggle with affordability and high home prices
FinanceMortgage rates have been falling for weeks as inflation fades—but the housing market may still struggle with affordability and high home prices
By Will Daniel and Alena BotrosNovember 17, 2023
Husband and wife
Personal FinanceThis couple was so miserable with a 2.5-hour super-commute, they took on an extra $1,200 monthly mortgage payment: ‘We’d do it again in a heartbeat’
By Alicia AdamczykNovember 14, 2023
Father and son
Personal FinanceMillennials are replaying their parents’ housing market journey as first-time buyers in their 30s flood into an unaffordable market
By Sydney LakeNovember 14, 2023
Nearly 7% of for-sale homes in the U.S. posted a price drop during the four weeks ending Oct. 29, which is the highest portion since Redfin started tracking this data in 2012.
Personal FinanceThe housing market is starting to crack—Sellers are cutting prices at record levels as ‘You can no longer price based off of where sales were’
By Sydney LakeNovember 6, 2023
The typical couple receives 32% more for a honeymoon fund, with an average of $767, compared with a new home fund average of $556, Esther Lee, deputy editor of The Knot, tells Fortune.
Personal FinanceHousing affordability is so strained that 1 in 5 couples ask for down payment cash on their wedding registry. Your friends and family would rather give you cash to go to Mexico
By Sydney LakeNovember 5, 2023
Jerome Powell
FinanceMortgage rates are dropping fast after a shock jobs report set off a series of dominoes on Wall Street—The housing market can thank Detroit’s striking auto workers
By Will Daniel and Irina IvanovaNovember 3, 2023
Photo of a young man looking seriously at a financial statement
Personal FinanceHousing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward
By Sydney LakeNovember 1, 2023
Artistic rendering of a row of townhouses
FinanceThe housing market is headed back to a 1980s-style recession, Wells Fargo says—and it’s all because of ‘higher for longer’ mortgage rates
By Alena BotrosOctober 30, 2023
Builders are offering major incentives for buyers otherwise locked out of the housing market.
FinanceWhile some homebuyers pay 8% mortgage rates, others are wrangling steep discounts—and it’s creating a surprising surge in new home sales
By Sydney LakeOctober 27, 2023
Capital Economics expects mortgage rates to stay above 6% through 2025.
FinanceThe mortgage rate shock hitting the housing market has years left to run, Capital Economics says
By Sydney LakeOctober 26, 2023
Home for sale
FinanceMortgage rates have now risen on average for 7 straight weeks
By The Associated PressOctober 26, 2023
An older man and a younger man are sitting on sofa together
FinanceBoomers won the housing market and millennials got screwed, BofA says. ‘Everyone locked in 3% mortgage rates, except millennials’
By Alena BotrosOctober 26, 2023
A TikTok trend says homeowners can save $80,000-plus with this mortgage hack. But is it too good to be true?
Personal FinanceInfluencers want to hack your high mortgage rates for a new car or an extra vacation. ‘This can be a great strategy,’ housing market expert says—but only if you can really budget for it
By Sydney LakeOctober 25, 2023
Person on phone
Personal FinanceIt’s 52% more expensive to buy than rent in this housing market, and shoppers are pulling out of contracted offers left and right
By Alicia AdamczykOctober 24, 2023
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