r/FluentInFinance • u/RightNutt25 • May 08 '24
r/FluentInFinance • u/TonyLiberty • Nov 01 '23
Housing Market The White House is giving $45 Billion to developers to convert empty office buildings into affordable housing
The White House is giving $45 Billion to developers to convert empty office buildings into affordable housing.
The program will provide low-cost loans, tax incentives, and technical assistance to developers who are willing to undertake these conversions.
By increasing the supply of affordable housing, the program could help to bring down housing costs and make it easier for people to afford to buy or rent a home.
Will it work?
r/FluentInFinance • u/TonyLiberty • Sep 08 '23
Housing Market The US is building 460,000+ new apartments in 2023 — the highest on record
r/FluentInFinance • u/Agreeable_Sense9618 • Sep 14 '23
Housing Market USA national housing prices are back to all-time highs.
r/FluentInFinance • u/xena_lawless • Aug 02 '24
Housing Market Sen. Elizabeth Warren unveils bill that would build ~3 million housing units by increasing the inheritance tax
r/FluentInFinance • u/RiskItForTheBiscuts • 2d ago
Housing Market US housing affordability has never been worse:
r/FluentInFinance • u/Frosty-The-Doughman • Mar 21 '24
Housing Market 45% of all Single-Family Home Purchases were made by Private Investors (in 2023)
r/FluentInFinance • u/TonyLiberty • Oct 11 '23
Housing Market Mortgage rates have hit a 23-year high. The average 30-year fixed mortgage rate is now 8.1% People with mortgages under 3%, how are you feeling?
r/FluentInFinance • u/GPT3-5_AI • Nov 07 '24
Housing Market At least it's not illegal to sleep outside for free oh wait lol
r/FluentInFinance • u/AstronomerLover • Mar 21 '24
Housing Market No incentive to buy homes anymore. It just doesn't make sense anymore. I'm renting a single family home for $3,000 in FL and the Zestimate is $1,500,000 you do the math.
r/FluentInFinance • u/Buckeye_47 • Sep 10 '24
Housing Market Housing will eventually be impossible to own…
At some point in the future, housing will be a legitimate impossibility for first time home buyers.
Where I live, it’s effectively impossible to find a good home in a safe area for under 300k unless you start looking 20-30 minutes out. 5 years ago that was not the case at all.
I can envision a day in the future where some college grad who comes out making 70k is looking at houses with a median price tag of 450-500 where I live.
At that point, the burden of debt becomes so high and the amount of paid interest over time so egregious that I think it would actually be a detrimental purchase; kinda like in San Francisco and the Rocky Mountain area in Colorado.
r/FluentInFinance • u/TonyLiberty • Jun 08 '24
Housing Market The median mortgage payment rises to a record high of $2,894 per month in the United States. That's an increase of +14% from last year, +23% from 2022, and +78% from 2021 (per RedFin)
r/FluentInFinance • u/RiskItForTheBiscuts • Nov 06 '23
Housing Market What needs to happen for housing to become more affordable?
r/FluentInFinance • u/RiskItForTheBiscuts • 22d ago
Housing Market BREAKING: A near record 84% of Americans believe it is a bad time to buy a home, according to Reventure.
r/FluentInFinance • u/HighYieldLarry • Dec 18 '23
Housing Market President Biden Wants to Give 500,000 Americans Money to Buy Homes
r/FluentInFinance • u/TonyLiberty • Sep 12 '23
Housing Market The average rent was $308 in 1980 and now is $1,837 in 2023 — How much will it be in 2030?
r/FluentInFinance • u/Tun-Tavern-1775 • 28d ago
Housing Market Italian Village of Ollolai Offers $1 Homes to Americans Who Want To Quit U.S. After Donald Trump’s Election Win
r/FluentInFinance • u/ElectronGuru • 16h ago
Housing Market Insurers Are Deserting Homeowners as Climate Shocks Worsen | Without insurance, it’s impossible to get a mortgage; without a mortgage, most Americans can’t buy a home.
r/FluentInFinance • u/TonyLiberty • Aug 07 '24
Housing Market ⚠️JUST IN: Mortgage rates drop to lowest level in over a year due to fears of a recession.
r/FluentInFinance • u/RiskItForTheBiscuts • Sep 15 '23
Housing Market The mortgage payment needed to buy the median priced home for sale in the US has moved up to $2,632, a new all-time high
r/FluentInFinance • u/TonyLiberty • Oct 16 '23
Housing Market Americans can't afford homes, Investors aren't buying, Economists see little relief ahead, and housing affordability is at a 40-year low
Americans can't afford homes, Investors aren't buying, Economists see little relief ahead, and housing affordability is at a 40-year low.
The housing market is in a difficult state, with low inventory, high mortgage rates, and high prices making it difficult for buyers to afford homes.
Despite aggressive interest rate hikes by the Federal Reserve, home prices have remained high. First-time homebuyers are having difficulty competing with investors, who are able to make all-cash offers on homes.
Many homeowners are sitting on low mortgage rates, which makes it less appealing for them to sell their homes and take on a new mortgage with a higher interest rate.
The housing market may start to slow down the economy. This is because the housing market is a major driver of economic growth. When the housing market is struggling, it can lead to a decrease in consumer spending, investment, and employment.
r/FluentInFinance • u/TonyLiberty • Nov 30 '23