Affordable Midwest and East Coast Markets are Holding Up Best as the U.S. Housing Market Cools
Chicago, Albany and Milwaukee are among the housing markets holding up better than others as the U.S. faces high mortgage rates and an uncertain economy.
Sheharyar Bokhari is a Principal Economist and spokesperson at Redfin, where he leads housing market research and oversees the data published through Redfin's Data Center.
His research covers luxury real estate, investor activity, climate risk, affordability in the for-sale and rental markets, and generational housing trends across the U.S.
Prior to joining Redfin, he created commercial real estate sale and rental price indices at the MIT Center for Real Estate. He holds a PhD in Urban and Real Estate Studies from MIT.
Chicago, Albany and Milwaukee are among the housing markets holding up better than others as the U.S. faces high mortgage rates and an uncertain economy.
Sun Belt cities including Phoenix, Tampa and Las Vegas attracted scores of house hunters during the pandemic, driving up home prices. Now their housing markets
High mortgage rates, persistent inflation and economic uncertainty are cooling down expensive markets like Seattle and San Jose, along with pandemic homebuying hotspots like Las
Inflation is hitting young renters hard because the cost of rent and other expenses has increased much faster than their incomes. Millennials who took on
Investors scooped up more homes in the second quarter than before the pandemic, but purchases leveled off from their 2021 peak as investors reacted to
Riverside, Boise, Phoenix and Tampa are among the markets where homeowners stand to lose some of the value they gained over the past two years.
Chicago, Albany and Milwaukee are among the housing markets holding up better than others as the U.S. faces high mortgage rates and an uncertain economy.
Sun Belt cities including Phoenix, Tampa and Las Vegas attracted scores of house hunters during the pandemic, driving up home prices. Now their housing markets
High mortgage rates, persistent inflation and economic uncertainty are cooling down expensive markets like Seattle and San Jose, along with pandemic homebuying hotspots like Las
Inflation is hitting young renters hard because the cost of rent and other expenses has increased much faster than their incomes. Millennials who took on
Investors scooped up more homes in the second quarter than before the pandemic, but purchases leveled off from their 2021 peak as investors reacted to
Riverside, Boise, Phoenix and Tampa are among the markets where homeowners stand to lose some of the value they gained over the past two years.