Builders also continue to offer mortgage-rate buydowns and other incentives to make new builds attractive to buyers.
Warren Buffett’s Berkshire Hathaway and Zillow say mortgage rates can’t fall enough for Americans to afford a home
July 31, 2025
The mortgage rate decline it would take to make an average home affordable is ‘unrealistic,’ Zillow says
July 30, 2025
Not even a 0% mortgage rate would make buying a house affordable in these 6 U.S. cities
A lower rate should be “enough of an incentive” for some homeowners to sell their homes and trade up, opening up inventory.
Home prices are at the crux of the housing affordability crisis in the U.S.
Current mortgage rates are still near 7%.
“The dreaded mortgage rate ‘lock-in’ effect is fading,” said real estate investor and Reventure CEO Nick Gerli.
“We see the housing market remaining relatively stuck without major progress being made on affordability,” home construction CEO…
Renting is all the rage, surging by the greatest level seen in years.
