Home prices

Mortgage rates on 30-year, fixed-rate loans rose above 5% this week. That's pushing the cost of buying a home higher and making homeownership unaffordable for more people.

Mortgage rates just hit 5%. Here's how much more expensive that makes home ownership

6:12pm April 08, 2022

by Chris Arnold

Higher mortgage rates and home prices have pushed the monthly payment to buy the median-priced home in the U.S. up more than 50% since the start of last year. Many first-time buyers can't afford it.

Queue Listen Now

A "for sale" sign is posted on a home last month in Philadelphia.

First-time homebuyers are getting squeezed out by investors

7:39pm February 18, 2022

With a historic shortage of homes for sale, investors making cash offers are pushing first-time homebuyers out of the market.

A for rent sign in Palo Alto, California. Across the country rents are on the rise, in part due to a historic shortage of homes either to rent or buy.

Economy

It's not just home prices. Rents rise sharply across the U.S.

10:04am February 14, 2022

by Chris Arnold

Renting a place to live is getting a lot more expensive, according to a survey that tracks rental listings across the biggest 50 U.S. cities.

New homes under construction in Mebane, N.C., earlier this month. A historic shortage of homes for sale has been pushing prices sharply higher. So builders are trying to ramp up projects.

Home prices rose faster than ever in 2021. The typical home gained $50,000 in value

2:47pm January 20, 2022

by Chris Arnold

For first time homebuyers it was one of the hardest years ever to afford a house. But homeowners saw tremendous gains in housing wealth.

Housing

New report shows the Triad's real estate market is beginning to cool

1:22pm November 12, 2021

by April Laissle

The real estate market in the Triad is beginning to cool off, according to

Economy

Elon poll finds many in NC worried about rising home prices

4:55pm October 27, 2021

by Paul Garber

A new poll from Elon University finds that North Carolinians are worried about rising

A record low number of homes for sale is pushing up prices and making it harder for first-time buyers to afford homeownership.

Out Of Whack: Lack of Homes For Sale Sends Prices Surging, Frustrates Buyers

3:56pm March 22, 2021

by Chris Arnold

Sales of existing homes fell 6.6% in February from the month before. Meanwhile, prices are up 16% over the past year, giving homeowners about $2 trillion more in equity and widening the wealth gap.

My dream Zoom house in Truckee, California.

Zoom Towns And The New Housing Market For The 2 Americas

11:41am September 08, 2020

by Greg Rosalsky

One America is living in a housing boom. The other needs support from the government or family for an affordable place to live.

A "for sale by owner" sign stands outside a home in LaSalle, Illinois, U.S.

Is Buying A House Overrated?

12:57pm April 30, 2019

by Greg Rosalsky

The Nobel laureate who co-created the way our nation measures home prices says that over the long run, they don't increase much. And when they do, it can mean a bubble. Are we in one now?

A PodShare co-living building in Venice Beach, Calif. Dorm beds here go for about $1,400 per month.

Can't Find An Affordable Home? Try Living In A Pod

4:41pm October 21, 2018

by Anna Scott

Co-living projects are popping up in cities where housing costs are too expensive for middle-income residents. It's dorm-life for adults, with shared kitchens and bathrooms, and it doesn't come cheap.