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How Did We Get Here? Report Details History of Supply and Affordability Challenges, Showcases Solutions
A lack of building coupled with rising prices and interest rates that are falling at a tapered pace are the main drivers of the persisting housing affordability crisis, according to researcher Daniel T. McCue, who carried out the analysis for a recent Harvard University study. When new units were built, which was infrequently, they tended…
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Numbers you should know with Windermere Economist Jeff Tucker
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Foreign Investment in U.S. Homes Decreased 21.2%
NAR’s 2024 International Transactions in U.S. Residential Real Estate report surveyed members on their transactions with international clients who purchased and sold U.S. residential property from April 2023 through March 2024. Foreign buyers who resided in the U.S. as recent immigrants or were holding visas that allowed them to live in the U.S. purchased $22.6…
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