“Investors” accounted for 30.2% of home purchases in 2025, nearly double their share at the start of the #pandemic, according to data from Cotality. A report from Realtor.com found the change wasn’t because of a surge of investor activity, but rather a pullback from traditional buyers who could no longer afford today’s prices.

#WealthDivide #inequity #economy #affordability #CostOfLiving #housing #Trump #trumpcession #recession

The #housing #market has been stuck since the #pandemic. Record-low #InterestRates during that period kicked off a buying frenzy that sent home prices soaring. Millions of homeowners refinanced #mortgages at those low rates—many below 4 or 5%—leaving them reluctant to sell & take on a new mortgage when rates rose.

A recent NYT/Siena poll found that a majority of Americans feel homeownership is out of reach. As a result, about 1 in 4 Americans are delaying major purchases like buying a home….

#Home buyers have already been struggling with high #prices, as well as rising #insurance & #property #taxes. #MortgageRates were one source of relief, having fallen from much higher levels in recent years. Even at 6.11, rates are well below their recent peak of 7.8% in October 2023, which was the highest level in decades as the #economy was recovering from the #pandemic. Back then the yield on the 10-year Treasury note was approaching 5%.

#affordability #CostOfLiving #Trump #recession