Housing affordability is Gen Z's top voting issue, Redfin survey finds

Rising housing costs are making it difficult for first-time buyers to secure a home, an issue concerning young voters ahead of November’s election. 

Homes are overvalued in most of the US – and the problem is worse in these 5 states

An overwhelming majority of homes in the U.S. are overvalued as steep mortgage rates and an ongoing housing shortage push the price of real estate even higher.

Housing prices in these states will become 'more affordable,’ Redfin CEO says

The Fed’s handling of rate cuts will play a key role in 2024 housing affordability, but according to one expert, certain U.S. states are already seeing "good" signs.

Average long-term US mortgage rate hovers near 7%

The average 30-year fixed loan was 7.08% this week, according to Bankrate’s latest survey of large lenders. Here’s what a monthly mortgage payment at the current rate would look like.

Why are voters still frustrated with the economy? Blame home prices

As the presidential election approaches, voters are increasingly frustrated with the country's housing affordability crisis, which experts attribute to a shortage of homes for the growing population.

Baltimore sells $1 houses in effort to combat vacant home crisis

Baltimore, Maryland, city officials approved a program that would sell city-owned vacant homes for next to nothing at $1 for some applicable residents. 

Housing benefits could lure employees back to office, survey shows

Many companies are facing the ongoing dilemma of office versus remote work four years after the pandemic, with a new survey highlighting housing benefits as a potential solution.

Time to sell your home? Here are 3 questions to ask yourself

As someone deeply involved in the real estate industry for decades, I understand that selling your home isn't just a financial transaction; it's a significant life decision. 

Home buyers need to make $47,000 more than in 2020 to afford a home

A new report from Zillow finds that some people are relying on financial gifts to help cover the cost of a down payment for a home or moving to low-cost cities to find affordable housing.

Rent prices are changing thanks to 'apartment-building boom' – what renters should expect

Rent prices are evolving – potentially for the better – in 2024 thanks to an “apartment-building boom," according to Redfin chief economist Daryl Fairweather. Here’s what renters should know.

Florida House could vote on homeless bill during Friday session

Florida lawmakers are expected to vote on a bill Friday that would ban camping in public spaces. Some critics of the bill say it targets homeless people. House members debated the bill on the house floor Thursday.

Housing is expensive for a record half of American renters, study shows

A new Harvard analysis reveals soaring housing costs put a financial strain on millions of renters, with prices spiking during the pandemic.

About 24% of renters in America say they can no longer afford their rent, study says

While buying a home is an issue for some, covering the cost of rent every month is becoming a growing burden for many, based on findings from Intuit Credit Karma.