Housing Market Trends

The topic page covers the evolving dynamics of the U.S. housing market, focusing on the impact of mortgage rates, home prices, and rental costs. It explores how rising mortgage rates and home prices have made homeownership less affordable, driving many to rent instead. The content discusses the role of real estate investors, regulatory changes affecting real estate commissions, and the growing interest in alternative housing options like tiny homes. Additionally, it highlights regional variations in housing trends, the influence of economic factors such as inflation, and predictions for future market conditions. Guidance for prospective buyers and renters, including financial strategies and new legislation, is also provided.

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Veteran homebuyers face affordability challenges compared to a decade ago

But some markets favor military vets more than others

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Just 21.8% of U.S. home listings are affordable to the typical veteran using a VA loan, compared to 26.5% for veterans using conventional loans.

Affordability is improving slightly, thanks to lower mortgage rates and rising incomes.

Veterans could afford more than half of listings in 2015, showing how dramatically housing affordability has eroded over the past decade.

Home affordability remains a major challenge for millions of would-be buyers, especially military veterans....

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