housing market

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Monthly Housing Costs Soar to Highest Level in Decades

Mortgage rates, insurance, rents outpace stagnant American incomes, per Census Bureau

(Newser) - Monthly housing costs in the US are climbing faster than inflation, squeezing both homeowners and renters alike, according to new Census Bureau data . In 2024, the median monthly cost of homeownership—including mortgage, insurance, taxes, and fees—rose to $2,035 (after being adjusted for inflation), up from $1,...

In Falling Lumber Prices, a Potential Warning Sign

Big producers slash output amid weak demand, trade uncertainty

(Newser) - Wall Street is getting jumpy over falling lumber prices, which may be signaling trouble ahead for the housing market and the broader economy. Lumber futures have plunged 24% since August's three-year high, closing Monday at $526.50 per thousand board feet, per the Wall Street Journal . Random Lengths'...

Cities Where Home Values Are Dropping

Tampa has seen the biggest decline, while Cleveland has experienced the biggest rise

(Newser) - Is the housing bubble about to burst? At the very least, Zillow thinks "the real estate market has finally struck a balance between buyers and sellers." In some metro areas, that translates to dipping home values, after a yearslong run of spiking prices. Quartz notes that Florida and...

Americans' Outlook on the Future Isn't So Perky

Nearly 70% don't believe in the so-called American dream anymore, per new WSJ -NORC poll

(Newser) - A new Wall Street Journal-NORC poll paints a dim picture of Americans' faith in upward mobility. Just 25% of respondents believe they have a decent shot at improving their standard of living—a record low since the survey began in 1987. More than three-quarters of those who responded to...

10 Best Housing Markets in the US
10 Best Housing
Markets in the US
Jul 29, 2025 2:37 PM CDT

10 Best Housing Markets in the US

Manchester, New Hampshire, takes the honors

(Newser) - The metro area of Manchester, New Hampshire, is home to the best housing market in the nation, according to a new ranking by the Wall Street Journal and Realtor.com . The ranking defines "best" not purely by sales, prices, and availability but by a broader picture. The list "...

Psst, Homebuyers: It's Your Market Now

The pendulum has swung the other way, with home sellers far outnumbering those out shopping

(Newser) - For those tired of a barrage of stories about real estate booms, sellers' markets, multiple offers on a mediocre house in the first six seconds it was listed, and buyers having to all but leverage their firstborn to land themselves a house—well, we have good news. For those looking...

Spain to Airbnb: Shut Down 66K Listings

Authorities say many short-term rentals are in violation of the rules

(Newser) - Spain has ordered Airbnb to block more than 65,000 holiday listings on its platform for having violated rules, the Consumer Rights Ministry said Monday. The ministry said that many of the 65,935 Airbnb listings it had ordered to be withdrawn did not include their license number or specify...

10 States That Pay Most (and Least) for Housing

At top of WalletHub's list: Hawaii, where owners spend more than 50% of income on housing costs

(Newser) - If you've been priced out of buying a home over the past few years, the latest analysis out of WalletHub may help you narrow your options down. The site looked at the cost of mortgages and home energy expenses in all 50 states in the US to figure out...

Spring Home Sales Off to Surprisingly Weak Start

March numbers see biggest monthly decline in 2 years

(Newser) - Homebuyers appear to willing to wait it out on the sidelines even longer: The latest numbers reveal an unexpectedly slow start to the season amid high prices and mortgage rates. The National Association of Realtors said Thursday that existing home sales in March fell 5.9% from February to...

These Are the 10 Hottest Housing Markets in America

Buffalo, New York, tops Zillow's list

(Newser) - The Buffalo Bills are in the NFL playoffs again, and New York state's second-largest city just got some more good news: It's the hottest housing market in America, reports USA Today . Not only did Buffalo take the top spot, per a Zillow analysis , but it also earned the...

Cities Where Home Prices More Than Doubled in a Decade

In Tampa, median home price in 2014 was $145K; today, it's $410K

(Newser) - Home prices across the nation remain out of reach for many—but in some cities, they've more than doubled over the past decade, reports Quartz , citing a Zoocasa analysis of data from the National Association of Realtors. The site looked at median single-family home prices in more than two...

Australians Displeased With PM's $2.9M Home Buy

Anthony Albanese's decision criticized even by some in his own party

(Newser) - Australia is in the middle of a housing crisis, and many in the country are struggling with the high cost of living. So it may come as no surprise that news of the prime minister spending about $2.9 million on a seaside house perched atop a cliff with panoramic...

In Constantly Flooding Town, 'We Won't Rebuild, It's Not Worth It'

Locals in Florida's Shore Acres, in Tampa Bay area, are spooked by storms, high home insurance rates

(Newser) - Tens of thousands of properties in the Tampa Bay region were damaged or completely destroyed as Hurricane Helene tore through Florida's Gulf Coast, where some homes ended up submerged in several feet of water, reports WUSF . "It's overwhelming and it's devastating," Marie Rowley, who lives...

Real Estate Market Has Stalled, Analysis Shows

Redfin finds turnover rate is running at 2.5%

(Newser) - One reason people are having a tough time buying a house these days could be that there aren't all that many for sale. An analysis by Redfin shows that in the first eight months of the year, 2.5% of homes in the US got a new owner. That'...

Report Illustrates How Sharply Home Costs Have Risen

Americans need to earn six figures in 23 states and territories to afford a house

(Newser) - Anxiety over the US housing market's surging prices is summed up succinctly in a new report from Bankrate . They write that since 2020, the number of households needing to earn six figures to afford a home has skyrocketed from seven states and territories to 23 today. The five highest:...

Trend Shifts to Smaller, Cheaper Builds for New Homebuyers

Square footage of new builds dropped by 4% last year

(Newser) - First-time homebuyers are up against so many obstacles today—inflation, low inventory, and soaring interest rates—that the issue made it into the State of the Union . "I know the cost of housing is so important to you," President Biden said. "Inflation keeps coming down, and mortgage...

New Realtors' Settlement 'Will Blow Up the Market'

National Association of Realtors agrees to $418M deal that will slash commissions to settle suits

(Newser) - The National Association of Realtors has signed off on a huge deal that some say "will blow up" the housing market. The New York Times has seen a copy of the $418 million settlement that would get rid of the standard 5% or 6% commission fee for real estate...

A Troubling Amount of US Renters Are in Deep

More and more US tenants spend 30% or more of their income on housing

(Newser) - The often-recommended rule of thumb when it comes to housing is to not hand over more than 30% of your gross income to a landlord or mortgage company and the accompanying utilities. In the United States, more renters than ever are surpassing that limit, further burdening a middle class beset...

Millennials' Tactic on Housing Market: Live With Parents

Many are living rent-free to save up for a down payment

(Newser) - Millennials have found the solution to affording a down payment on first-time homes in a volatile market: shacking up with their parents. According to the Washington Post , more than a fifth of millennials living with their parents by choice are saving up for their own down payment. The National Association...

Boomers Throw a Wrench Into Housing Market

Older buyers have the means to edge out younger buyers in a tough market

(Newser) - With mortgage rates soaring and fewer homes for sale, Baby Boomers are dominating the housing market like a real-life game of Monopoly. The shifts in who is buying homes have been trending in that direction for quite some time, but it was confirmed this month by data released from the...

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