Real Estate
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The starter home is dying. Better.com’s CEO says AI is the only thing that can save it
The traditional American starter home—the quaint, ranch-style two-to-three bedroom home young families once began their journey of wealth creation—is on life support. The U.S. is currently short nearly 4 million homes, according to Goldman Sachs. A number of factors have defeated that essential stepping stone, from sky-high prices to strangling zoning constraints. But for Better.com
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The housing affordability crisis isn’t just crushing millennials—it’s squeezing out buyers in their 40s, 50s and beyond too
New data from the Federal Reserve Bank of New York shows a surprising phenomenon: The average age of first-time homebuyers getting a mortgage has barely budged over the past two decades, remaining in the mid-30s. At first glance, that doesn’t seem to make sense. You’d think that given the steep rise in home prices versus
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The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges as a surprise winner
During the pandemic, the housing markets in Florida and Texas enjoyed a surge in popularity. Unencumbered by office attendance, remote workers headed south to cash in on the Sun Belt’s warm temperatures, low tax rates, and new construction. But that story is being rewritten now. Homebuyers are now prioritizing affordability and steady employment, meaning Rust
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America’s ‘silent army’ of skilled tradespeople are retiring with no one to replace them—and the price tag could hit $1 trillion a year
The workers who keep America’s buildings running are disappearing—and the U.S. isn’t replacing them fast enough to keep the lights on, the servers cool, or the labs sterile. By 2030, an estimated 2.1 million skilled trades jobs in the U.S. could go unfilled, with potential economic losses reaching $1 trillion annually, according to U.S. Department
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For wealthy buyers, Mar-a-Lago’s security perimeter is Palm Beach’s hottest amenity
Mar-a-Lago has become one of Florida’s buzziest mansions since President Donald Trump purchased the sprawling 62,500-square-foot estate and private club in 1985. Every time the president visits, the cameras follow. But what’s gotten less attention is the luxury real estate market quietly reshaping itself around him. As of early March, South Ocean Boulevard, the oceanfront
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Trump’s big housing market solution is dead on arrival, UBS says—its model is Texas from 25 years ago
The Trump administration’s grand plan to fix America’s housing affordability crisis leans heavily on deregulation, and Wall Street is increasingly unified in its skepticism that it will actually work. In a new research note published Thursday, UBS analysts assessed the Economic Report of the President, which laid out the administration’s most detailed housing strategy to
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Older millennials are starting to act like boomers in the housing market—and pulling away from the pack
For years, Millennials were the housing market’s most sympathetic losers—priced out, rate-locked, and perpetually waiting for their moment. For a growing slice of that generation, the wait is over. And they’re making up for lost time. According to the National Association of Realtors’ 2026 Home Buyers and Sellers Generational Trends report, older Millennials—now aged 36
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Gen Z is carving a different path in the housing market by going it alone
The common milestones of the American dream once came in rapid succession. Couples would get married, buy a home, and have kids. But low inventory, skyrocketing mortgage rates, and stagnating wage growth have scrambled those milestones for some. The National Association of Realtors’ (NAR) 2026 Home Buyers and Sellers Generational Trends Report, a survey of
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New York governor’s take on a millionaires tax: fancy pied-à-terre second apartments worth over $5 million
For months, New York Gov. Kathy Hochul has resisted calls to increase taxes on the wealthy, beating back progressives who have hounded her from Manhattan to Puerto Rico bellowing chants of “tax the rich.” Now she is pitching a compromise. The moderate Democrat says she will push to create a new tax on multimillion-dollar second
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Trump’s White House: America is short 10 million houses
White House economists estimate the United States has a shortage of 10 million houses, according to a new report out Monday — and say regulatory cuts could lead to more construction to stabilize prices, increase home ownership and fuel faster economic growth. The analysis, part of the Economic Report of the President, outlines both a