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The Housing Market Is Stuck: Mortgage Rates, Inventory Explained

The housing market is stuck: Americans can t afford homes, investors aren t buying property, and economists see little relief ahead

A home inventory crunch has pushed prices higher - and that's kept Americans sidelined and forced real estate investors to pull back on spending.

Housing is so unattractive that investor purchases have plummeted 45%

The decline in the second quarter was the biggest since 2008, except for the first quarter, which saw a 48% drop, Redfin said.

Homebuyers are finding better deals in these cities, survey says

Roughly 25% of home searchers looked to relocate to a new metro in the first quarter, according to a Redfin survey. But they may start seeing an uptick in inventory as sellers enter the housing market.

Homebuyers are finding better deals in these cities, survey says

Roughly 25% of home searchers looked to relocate to a new metro in the first quarter, according to a Redfin survey. But they may start seeing an uptick in inventory as sellers enter the housing market.

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