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New home listings hit a 17-month high in February, and as more sellers sell, housing prices could flatten, says Conor Sen at Bloomberg Opinion.
Rather than chasing higher-paying jobs, many Americans are opting to stay put. Housing costs have something to do with it.
“I’m not getting any younger. If I’m going to have a dome, I need to get on with it,” said Paula Stone of Fredericksburg, Texas.
But suburban owners still want to be close to downtown amenities.
Abby Joselyn planned to live out of her van for two years. But now, a year and a half into her vanlife journey, she “can’t imagine being done in six months.”
With the goal of living mortgage-free, “I really knew that I would go anywhere and I would live in anything,” Kate Mill says.
High interest rates and limited inventory are key factors in restricting affordability.
The industry’s mood continues to brighten, a trade group says, but sourcing sophisticated equipment remains a challenge.
Investors chasing returns have fueled a self-storage boom.
When Caitlin LaClair and her family moved to Texas and then Massachusetts, they were hit with sticker shock.