Are we in a Housing Bubble Let’s do the math ​ US Real Median Income https://fred.stlouisfed.org/series/MEHOINUSA672N 2021 – $76,330 2022 – $74,580 Median home sale price in US https://fred.stlouisfed.org/series/MSPUS Q2 2020 – $322,600 Q2 2021 – $382,600 Q2 2022 – $449,300 Q4 2022 – $479,500 – Height of bubble Q2 2023 – $418,500 30-Year Fixed Rate Mortgage Average in the…

Rates Are Jumping on Wall Street. What Will It Do to Housing and the Economy? A run-up in longer-term interest rates could help the Federal Reserve get the economic cool-down it wants — but it also risks a bumpy landing.

Is the housing market too overvalued to buy right now? I purchased a small house in a not great area 3 years ago. I have a 2% mortgage on it. I am looking to upgrade a bit to something slightly larger in a slightly nicer area, but I’m a bit spooked by the high prices and much much higher interest rates. I would appreciate the internet’s opinion on whether now is a horrible time to buy. Obviously thi…

Chinese prefab housing products Hello everyone, Just wanted to ask the community if anyone of you has ever ordered prefap housing on Alibaba? I am asking this because I am thinking to start a business in that sector. I recently browsed their catalogue to find out that their prefab houses look good, innovative, and very cheap. But what about the delivery, service, and quality o…

67F mother lives with me 41F. Options for senior housing? Three years ago my mother sold her home (still owed $60k), retired and relocated to AZ to live with me and my daughter. She had basically nothing saved for retirement. I am the oldest of three, only daughter and the only child living in AZ. My mother worked a low paying secretarial job for the majority of her life and even worked a second job fo…

Unique Housing Opportunity – Need Perspective I am using a throwaway account as family/friends may be able to recognize my regular account. My wife and I have a unique opportunity in-front of us and we are struggling to make a decision. For context, I (38m) and my wife (36) both work-from-home in relatively low cost of living area in the Southern US. We have a one-month-old daughter and bot…

How Tokyo Achieves Affordable Housing Tokyo has succeeded in maintaining an abundance of affordable housing because it has no downtown, many railroads and laws that make it easy to build.

Need help on a housing strategy Dallas TX area Alright so myself (30m) and family have to move by January and we’ve decided renting is the only immediate option for us from an obvious standpoint. There are things we need to do like fix our credit both sit at around 520 (I know). There’s a credit repair place that quoted us $1000 for a 12 month services of disputing etc. Then t…

How Screwed am I with Employer Housing? I live in affordable housing provided by my spouses employer in a HCOL area. It appreciates at about 1.25% per year. The home was 300K when I bought it a few years ago and the interest rate is 3.5%. I make significantly more with my job now then back then. I will probably never afford in the city where I live as the smallest homes are 1.4 millio…

How China Made Its Housing Crisis Worse Years of inattention to building an adequate safety net for seniors, the jobless and others in financial stress have left Chinese consumers afraid to spend.

Sellers trying to back out of housing deal So I’ll attempt to make a long story short but I apologize in advance. My wife and I just moved from another state and are staying with my parents while looking for our first house. After searching for awhile we’ve found one that meets all our needs, and is undervalued, on ten acres and is beautiful. We offer over asking, give good terms, and ou…

Why Wall Street is Gung-ho on the Housing Market Despite mortgage rates hitting multidecade highs and jitters in the bond market, demand for new homes is strong and prices are rising.

Gen Z’s Housing Anguish To afford rent, young American adults are making tough choices.

Maui Had a Housing Shortage Even Before the Wildfires With hundreds of homes lost in Lahaina, many fear rebuilding will be difficult or even impossible for some residents.

How to split travel housing rent with a significant other who does not get a travel stipend? Hey everyone! I am excited to be going with my GF for a few months on one of her travel assignments. My GF is a traveling rad tech, so she will be getting a tax free housing stipend to the tune of several grand per month. I am able to work remotely, so will be coming with her and staying in an airBnB with her. However, I won’t be getting any ext…

401k or extra housing payments? Hello all! Title says it all. Combined family income is around $150k. We’ve got a mortgage of $2,300, and spend about $4.5k per month on all bills (including mortgage). We are also currently remodeling, so most extra cash (~4k per month) goes to savings to eventually pay off the one year 0% interest CC we took out for the remodel. I’m already ge…

Housing Mortgage loan estimate feedback First time home buyer in Midwest area. This is by far the best quote I had received. Please provide feedback. Home price – 430k. Credit – 800. Down payment – 10% 43k Loan amount – 388k Interest – 6.62% No mention of points but lender quoted Origination fees (Section A) total of estimate at 4k. I shopped with local lenders and online banks and …