For years, the dominant narrative around American housing has been simple and bleak: nobody can afford to buy a home anymore. Headlines reinforce it, TikTok and other creators lament it, and millions absorb it. However, beneath the surface of these headlines lies a subtler and more consequential truth: today’s housing “affordability crisis” is only partly […]
Why social media is driving the affordability crisis Read More »
Mortgage rates quickly erased a week of progress this afternoon following the Fed announcement and press conference. Fed announcement day historically has several components: the announcement itself, the summary of economic projections (SEP), and the press conference. Within the SEP, there is the dot plot showing each Fed member’s assumptions about where the Fed Funds
Mortgage Rates Spike in Response to Fed Read More »
The housing market continues to balance out, as home prices grew modestly, inventory increased and home sales exceeded expectations in May, a new industry report found. Processing Content The national median home sale price hit $395,000 last month, a 1.8% rise from May 2025, according to Homes.com’s latest monthly housing market report. Active listings also
Housing market shows resilience as sales beat forecasts Read More »