Total housing starts dropped 9.4% month over month in September, but there’s some good news hidden in the numbers.
Economists predict downward pressure on rates in the weeks ahead.
Just how small is small when it comes to apartment sizes?
However, several housing markets are seeing an uptick in repossessed properties.
Both single and multigenerational households with seniors are increasing in number at a rapid clip.
The space typically used for cars and storage is becoming the perfect place to add housing in tight markets.
“As of 2018, there was not a single metro area where the [average] African American family could afford to buy at least half of the homes for sale,” the Redfin report states.
As signs of a slowdown cause economists concern, the housing market has stayed consistent, says the Federal Reserve.
Student loan borrowers owe an average of $34,500—$8,500 more than the typical down payment on a home.
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