More people are staying put, which means they’re not paying for the adjacent services we need when buying a home.

But one economist warns it’ll “take decades of building, not just one good year, for the market to come back into a healthy place.”

Ultra-cheap rentals declined in every state, especially in Texas and North Carolina, where renters from more expensive markets are moving.

New Case-Shiller data suggests prices are rebounding after a moderate dip, though regional differences are pronounced.

Last month, 20% fewer existing homes were sold than in May 2022. People are staying put — and staying together — to avoid higher costs.

Realtors are encouraging their clients to get creative if they really want to make a move while interest rates remain high and inventory remains low.

There may be more supply, but it tends to cater to demand at the higher end of the income spectrum.

More buyers are turning to newly constructed homes as fewer owners of existing homes choose to sell.

It may be down to layoffs. It may also be down to house-flippers.

That’s good news if you’re looking to buy in Philadelphia, Detroit, Cleveland or Houston, but what about the rest of us?