Housing Crisis

Fewer Americans are planning to buy a home anytime soon, with rising costs and economic uncertainty pushing ownership further out of reach, especially for younger adults. A new national poll released this week shows just ... more

Let them build New York is at the center of a new push to fix the state’s housing crisis. Governor Kathy Hochul says red tape is slowing projects and driving up costs. The proposal aims ... more

A majority of Americans prefer living in communities with larger homes that are farther apart, according to a new survey. The Pew Research Center study found 55% of U.S. adults favor spread-out neighborhoods, while 44% ... more

The Trump administration’s renewed push to make homeownership more affordable — including a controversial idea to allow 50-year mortgages — is getting fresh scrutiny, and most housing professionals aren’t impressed. On this episode of Connections ... more

A recent episode of Connections with Evan Dawson digs into Rochester’s latest effort to create truly affordable homeownership opportunities in the JOSANA neighborhood. The discussion highlights a plan to build and sell new homes for ... more

Median home prices across much of the central Finger Lakes continue to rise compared to last year, intensifying affordability challenges even as realtors report a cooling market. New October data shows significant year-over-year price gains ... more

The housing market looks strong on paper—but many homeowners are quietly losing wealth. Inflation is rising faster than home prices, triggering a slow-moving crisis called equity erosion—a rare trend that could reshape how Americans think ... more

As of today mortgage rates are holding steady, with the popular 30-year fixed loan sitting at 6%, according to Zillow Home Loans. That’s the lowest level since October 2024, giving potential buyers a rare window ... more

A Nobel Prize-winning economist is blasting President Donald Trump. Paul Krugman says the president’s policies worsen the U.S. housing crisis. His comments come as the Trump administration considers declaring a national housing emergency. The White ... more

The late-summer housing market is in gridlock. Frustrated sellers are pulling their homes from the market. This retreat is slowing the flow of new inventory. It creates a standoff between hesitant buyers and stubborn sellers ... more

Mortgage rates remain elevated to start the week. These high borrowing costs continue to slow the U.S. housing market. Now, the Federal Reserve is showing official concern. This signals a potential shift in policy that ... more

The American dream of homeownership is facing one of its most severe tests in modern history. A perfect storm of economic factors has created a housing market where younger generations are increasingly sidelined, competing against ... more

The U.S. housing market is at a breaking point. In fact, the nationwide shortfall is estimated to be between 4 and 8 million homes. This staggering deficit has pushed prices to unsustainable levels, consequently locking ... more

The U.S. housing crisis has fractured the country into two distinct markets, creating a tale of polar opposites for homebuyers depending on where they live. A new market report from Zillow reveals that while home ... more

The U.S. housing market is flashing red. Builders are slashing prices. Buyers are backing off. And the mortgage rate pressure shows no sign of lifting. The result: a nationwide market slowdown that’s starting to resemble ... more

President Donald Trump said Tuesday he is considering eliminating capital gains taxes on home sales, a move that could deliver significant financial relief to sellers and potentially reshape the U.S. housing market. “We are thinking ... more

As the U.S. housing crisis intensifies, pressure is building from all directions—sky-high mortgage rates, limited land access, and political finger-pointing. The Trump administration's housing chief has taken direct aim at Federal Reserve Chair Jerome Powell, ... more

The U.S. housing market is showing unmistakable signs of crisis, as falling home prices and rising inventory point to a sustained slowdown. More than a third of the country’s largest housing markets are now seeing ... more

The U.S. housing market is flashing red lights, and one economist says it could be a sign of broader economic trouble ahead. With mortgage rates holding steady near 7%, housing activity across the country is ... more