ChatGPT By Thom Nickels The days of the “good guy” developer with promises to build a shiny housing project that will enhance the neighborhood are over because hidden in the slick sales pitch, they’ve baked in an “affordable housing” caveat.
State of the Union: Median existing home prices rose above $440,000 amidst political debate over “affordability politics.” The post U.S. Home Prices Hit All-Time High appeared first on The American Conservative .
U.S. home prices surged to an all-time high in June according to a National Association of Realtors (NAR) report released last Thursday. The report found that the median existing home price in June reached $440,660, an increase of 1.8 percent year-over-year and a new high according to the NAR’s chief economist Lawrence Yun. Housing sales declined to 2.4 percent month-over-month in June and 2.8 percent, seasonally adjusted, since June 2025. The NAR’s Housing Affordability Index is up 6.8 points since June 2025 at 102.3, signaling that home prices are more affordable relative to the median family income. Yet the index was down 2.8 points from May. Home affordability has become a contentious issue as “affordability politics”…Open
Empty nesters are sitting on America's family-size homes. Why it matters: The people who have the space aren't necessarily the ones who need it — and that's making a tight housing market even tighter. By the numbers: Compared to millennials with kids, boomer empty nesters own nearly twice the share of homes with three-plus bedrooms (28%). - Millennial parents own 16% and Gen Z parents own less than 1% of large homes, according to a Redfin analysis of the latest census data, from 2024. Zoom in: The highest shares of millennial families who own large homes are in Austin, Texas, Columbus, Ohio, and Minneapolis, at roughly 19%. - The lowest are in Los Angeles (11%), Miami (13%) and San Jose, California (13%). - And empty-nester boomers…
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Owen Shroyer discusses how number of first time home buyers reach all time low due to Trump's policies that prioritize boomers and rich people, crushing the American dream for Gen Z and many Millennials.
A new estimate from the Organization for Economic Cooperation and Development warns that the war in Iran could drive inflation up to 4.2%, far higher than the Federal Reserve’s 2.7% projection. NewsNation’s Alicia Nieves has the latest. Start your day with "Morning in America," NewsNation's live three-hour national weekend morning newscast hosted by Hena Doba. Saturday and Sunday starting at 7a/6C. #MorningInAmerica NewsNation is your source for fact-based, unbiased news for all Americans.