In an interview with Business Insider last year, Vance blamed high housing costs largely on high interest rates.
The best places to live in the South are where jobs are plentiful, home prices and rents are relatively affordable, and the quality of life is high.
Swing states have seen a marked decline in affordability since 2020, with median-income buyers able to afford just one third of homes for sale.
Sylvia, a 71-year-old retiree in Montana, is taking advantage of city and state laws encouraging the construction of accessory dwelling units.
A record number of renters can't afford their housing costs. Biden wants to discourage big rent increases to address the issue.
Older and retired Montanans are particularly hard hit by the state's severe housing crisis, as their fixed incomes are squeezed by rising costs.
Bank of America forecasts home prices to climb by 4.5% this year and 5% in 2025, suggesting that homeowners wait to sell until at least 2026.
A couple in Astoria, Queens, rented out their basement on Airbnb for years. New city regulations have made that illegal.
Warren Buffett joked about his "love affair" with his home, called it his "third-best investment," and warned the wrong house can be a "nightmare."
Residential and commercial property prices could fall as much as 30% over the next few years, one strategist said.
The housing market will see a rolling recovery as supply, price growth, and sales slowly improve, Charles Schwab says.
The Canadian federal government is finding new ways to pressure local governments to legalize denser housing to solve the country's home shortage.
Russia's government has shelled out about half a trillion rubles since 2020 to fund a program that offered mortgages at rates as low as 8%.
Home prices and rents aren't falling, even if the Fed delivers much-anticipated rate cuts this year, according to Morgan Stanley.
Half of all US renters were cost-burdened in 2022, spending more than 30% of their income on rent and utilities, a new Harvard report found.
The average household would have to make a $780,000 down payment to afford the monthly mortgage cost of a typical LA home, Zillow found.
Homelessness in the US hit a record high last year, fueled in large part by the nation's severe shortage of housing.
Biden has pushed for more federal involvement in housing policy. Trump proposed massive cuts to federal housing programs for the neediest.
BI looked at President Joe Biden's and former President Donald Trump's plans for eight major economic categories that affect Americans' daily lives.
Pandemic-induced price appreciation will continue until at least 2026, Bank of America said.