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.

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. 

Biden doubles down on billionaire tax plan, homebuyer tax credit

President Joe Biden, addressing a crowd in Las Vegas, announced plans to tackle economic inequalities and the housing affordability crisis.

Airbnb bans indoor security cameras to safeguard guest privacy

Airbnb has announced a ban on indoor security cameras to safeguard guest privacy. Previously permitted in common areas with disclosure, indoor cameras will now be prohibited entirely.

Here's where Gen Z consumers can buy a home in the U.S.

Despite the high cost of homes, there are a few areas where young consumers can buy one. See if your city is on the list.

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.

Disney's Storyliving eyes North Carolina for next residential community

Disney's Storyliving plans to expand its residential community venture with "Asteria" in Chatham County, North Carolina. Set amidst the Raleigh, Durham, and Chapel Hill area, the 1,500-acre community will offer 4,000 homes, blending metropolitan amenities with small-town charm.

US housing market needs 1M more homes to satisfy demand

National Association of Realtors Chief Economist Lawrence Yun argued that policy changes could boost housing supply. The shortage of homes is keeping upward pressure on prices.

Housing inventory remains painfully low as shortage persists

The number of homes for sale on the market fell for the fifth straight month in September amid the already severe housing shortage.

Why are home prices so expensive? Blame the boomers, Barclays says

Would-be homebuyers nationwide are facing a spike in housing costs amid an ongoing affordability crisis - and baby boomers may be to blame, Barclays says.

The US housing market may be trapped in a prolonged freeze

Fannie Mae economists predicted in a revised forecast that the U.S. housing market faces a prolonged downturn due to high mortgage rates and limited supply.

Mortgage rates reach highest level in over 20 years

Rates for a 30-year fixed mortgage now average 7.09%, the highest since 2002, putting further pressure on the cooling housing market amid high prices.

The four US cities facing the biggest housing shortages

Prospective homebuyers across the U.S. are facing a chronic shortage of available houses, but the scarcity is worse in some parts of the country, according to new Bank of America research. 

These four US cities face the biggest housing shortages

The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.

Homeownership is the new hot wedding gift

Newlyweds are asking for cash to help with buying their first house in lieu of more traditional wedding presents.