Family incomes need to be nearly $100,000 annually to afford the typical home
The housing deficit grew to 4.7 million homes in 2023, according to the U.S. Census Bureau
Rocket closes $1.75B Redfin acquisition
The deal aims to create a ‘one-stop shop for homeownership’
After months in decline, existing home sales rise slightly
‘Relatively subdued sales’ continue due to persistently high rates, NAR reports