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Housing is in a slump

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Manage episode 484358712 series 1318962
Content provided by American Public Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by American Public Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Sales of existing homes fell in April to about 4 million a year. For comparison, almost 7 million existing homes were sold each year from 2020 to 2022. The reasons? Home prices are high, mortgage rates are high, and there's lots of economic uncertainty. And later in the program: A proposed law could help people who lost homes in this year's Los Angeles wildfires avoid "vulture capitalists."

  continue reading

6246 episodes

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Housing is in a slump

Marketplace Morning Report

924 subscribers

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Manage episode 484358712 series 1318962
Content provided by American Public Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by American Public Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Sales of existing homes fell in April to about 4 million a year. For comparison, almost 7 million existing homes were sold each year from 2020 to 2022. The reasons? Home prices are high, mortgage rates are high, and there's lots of economic uncertainty. And later in the program: A proposed law could help people who lost homes in this year's Los Angeles wildfires avoid "vulture capitalists."

  continue reading

6246 episodes

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