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Owners’ equivalent rent measures the market cost of living in a home — which is a bit different from how much we actually spend on housing.
High home prices and high mortgage rates can make homeownership feel impossible for Gen Zers. But what can the president do about it?
Young adults increasingly need help from a parent, or other older adult, to buy their first home. The tough market is removing some of the stigma.
The wave that hit after the pandemic foreclosure moratorium first lifted has generally worked its way through the system.
Turns out what we’re seeing may not be optimism as much as less pessimism.
Experts warn rising insurance costs could depress property values in risky areas.
“I invite people to stay there with me when I’m there,” said Aileen Smith about her second home in Tramore, Ireland. “I never get tired of having guests. It’s fun every single time.”
Mortgage rates have popped back up above 7%, sales have fallen and builder sentiment is down. 5% would get things moving, per one economist.
Normally, higher interest rates mean cheaper homes. Not this time.
Following a stroke and Parkinsonism diagnosis, the family of Carol Lawler decided it would be best to come — and live — together.