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cover of episode It’s homebuying season

It’s homebuying season

2024/7/17
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Marketplace

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The discussion explores the uncertainty around how interest rates impact the economy and housing market, highlighting the confusion among economists about their effectiveness and the unexpected outcomes in housing prices despite high mortgage rates.

Shownotes Transcript

Now’s the time of year when many families look for a new home. But it’s a seemingly impossible market for first-time buyers: high prices, high mortgage rates, high insurance, low inventory. We’ll explain how some are pulling it off and why some experts believe lower home prices and rents are in sight. Also: State and local governments have been on a hiring spree, and business inventories are up.