Housing Market Momentum Stalls as Critical Spring Season Approaches

From New York to Austin, America’s biggest cities are littered with vacant plots of land. WSJ explains the unseen role property taxes play in the country’s housing shortage. Photo Illustration: Amber Bragdon.

From New York to Austin, America’s biggest cities are littered with vacant plots of land. WSJ explains the unseen role property taxes play in the country’s housing shortage. Photo Illustration: Amber Bragdon

Well, it looks like the housing market is getting cold feet just in time for spring! ❄️🌷 With rising mortgage rates, buyers are starting to pull back faster than someone who accidentally knocks over a Jenga tower. 🤦‍♂️ Better luck next season, housing market! 🤞 CoolingOff House

Lower them prices on housing, people can’t afford this massive over prices .

Não aprenderam nada com 2018 e também acham normal milhares de pessoas morando nas ruas e milhares de casas vazias. Viva o capitalismo!

It's difficult to pay for a house in America now because we're all buying homes in Ukraine.

If only the government would spend 30% of its budget on housing like a family is expected to do. There is no such thing as 'affordable' housing.

Time to house the homeless.

Terrible news. The rising inequality gap due to high house prices might decrease. Joe Biden must do all he can to prevent this

Real estate is a scam now. The American Dream is raped by syndicates, investment houses, Bezos types, local yokels. Way over priced.

I’m seeing a shortage of “step-up” buyers. Most have rates locked under 4%. Who can blame them?

You don’t say.

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What are Utah lawmakers doing to address Utah's housing market crisis?Before the Utah Legislature's 2023 general session began, Republican leaders promised action this year to address the affordable housing crisis, fueled by the state's persistent housing shortage and exacerbated to extraordinary levels by the pandemic housing frenzy. High density housing in Utah is $250-$275/sq.ft. None of the proposed legislation would make housing affordable. The 🐄 left the barn a while ago when huge corporations were allowed to borrow money at 0 interest and buy residential properties. Now they control rent with no [1] They’ll just keep allowing developers to whore out Park City and Southern Utah. Maybe try Colorado or Idaho
Source: KSLcom - 🏆 549. / 51 Read more »