Author: Swapna Venugopal Ramaswamy, USA TODAY

Slowing demand in the housing market was part and parcel of the Fed’s strategy designed to cool consumer demand to bring down inflation.

The share of homebuyers under the age of 45 increased from 51% in 2019 to 55% in 2021. The change was largest for Black homebuyers.

A family needed a qualifying income of at least $100,000 to afford a 10% down payment mortgage in 71 markets , up from 59 in the prior quarter.

Nationwide, the number of days that homes stayed on the market rose by 67% in October, up from 21 days last October to 35 days.

As one-bedroom apartments became harder to afford, people began sharing larger apartments to divvy up rental expenses, according to the report.

Increasing signs point to U.S. recession in 2023. What does that mean for the housing market and real estate? Housing experts make predictions.

The housing boom combined with high inflation and mortgage rates are forcing homebuyers to sit on the sidelines and wait for the dust to settle.

With mortgage rates almost doubling since the start of 2022, affordability remains a big concern for buyers. These real estate markets will get active

The loan limit increase mirrors rising house prices, which went up 12% from September 2021 to September 2022, according to the agency.

A HELOC allows homeowners to borrow as much as 85% of the value of the home, and repay and redraw as needed.