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Housing Market Stalls Amid High Rates

Homeownership dreams are hitting a wall as prices stubbornly stay high despite sluggish sales and a flood of homes on the market—thanks to inflation holding mortgage rates up and sellers refusing to budge. With median prices now over $400K and new homes barely moving off lots, more folks are turning to renting. Congress is trying to fix it with a new bill to speed up construction and cut costs, but relief won’t come overnight. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on…

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