Author: Swapna Venugopal Ramaswamy, USA TODAY

The housing market across the US is cooling down, but does that mean it’s headed for a crash? Here’s what experts expect to happen in 2023.

New college grads entering the market are forced to make a lot of decisions about their budget and rent affordability.

In March, 33% of homes listed for sale were new homes in various stages of construction. That share from 2000-2019 was a 13% average.

These metros remain a relatively affordable place to live and work, attracting people and businesses while other metros have become unaffordable.

The poll reflects the frustration of potential homebuyers. Few Americans think it is a good time to buy a house, even compared to the Great Recession.

From 2016 to 2023, home prices in the 50 largest metros climbed 73%, whereas rent prices went up by 45%.

The average rate on 30-year fixed mortgages dropped for the second consecutive week, leading to a quick impact to mortgage and refinance applications.

A report found that KeyBank’s share of mortgage originations to Black borrowers was the lowest among the nation’s 50 largest home purchase lenders.

Single-family rentals saw a 5% increase at the close of the first quarter of 2023 compared to the same period in 2022.