The U.S. housing market is stuck. The real-estate industry hoped 2024 would be a recovery year in which mortgage rates fell and home sales climbed. Mortgage rates dipped over the summer and hit a ...
Help may not be on the way for first-time homebuyers frustrated by high mortgage rates and even higher home prices. Economists at Bank of America warned this week that the US housing market is “stuck ...
A crisis of unaffordability has held the housing market hostage. That situation is not likely to change anytime soon, one prominent economist says — and there’s one culprit. A sharp drop in mortgage ...
(CNN) – Economists at Bank of America are warning first-time homebuyers to be patient. They said they believe the housing market will remain “stuck” until at least 2026. Those who already own a home ...