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It's Nobody's Market: Buyers and sellers struggle with high interest rates

Buying and selling homes have both stagnated and neither buyers nor sellers are in a winning position.

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Huron Plainsman | Greater Huron's third quarter 2023 in Real Estate

Huron Plainsman | Greater Huron's third quarter 2023 in Real Estate
plainsman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from plainsman.com Daily Mail and Mail on Sunday newspapers.

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NYT study ranks Columbia as No. 3 city for affordable housing

Columbia was ranked as the country's No. 3 best city to buy a home on a budget, even with a current higher demand for houses in the area.

New-york , United-states , Wisconsin , American , Alice-leeper , Garth-coleman , Emergency-management-agency , American-community , University-of-wisconsin-population-health-institute , New-york-times , Us-bureau-of-labor-statistics , Sellers-market

NYT study ranks Columbia as No. 3 affordable house city in U.S.

Columbia was ranked as the country's No. 3 best city to buy a home on a budget, even with a current higher demand for houses in the area.

Wisconsin , United-states , New-york , American , Alice-leeper , Garth-coleman , American-community , Emergency-management-agency , New-york-times , Us-bureau-of-labor-statistics , University-of-wisconsin-population-health-institute , Sellers-market

More available houses helps out buyers in housing market

Increasing industries like Blue Oval and Tyson are bringing more people into West Tennessee in search of homes, keeping local demand high.

Madison-county , Tennessee , United-states , Jodie-parrish , Sellers-market , Blue-oval , West-tennessee ,

Alex Witt Reports

less frenzy than it was, that's a good thing. >> the market now is, i guess you could say, it's cooled off a little bit. it is not the way it was a year ago when everyone was trying to spend $200,000 over asking price, that kind of thing. it was very much a sellers market. everyone is really -- now is calm down a beds, inspection contingency, isn't -- >> that is the kind of balance that federal reserve policy makers are going for with their fifth rate increase this year, this past week, in the housing market is one of the things that's -- talks about in his news conference this week. we are not where we need to be, particularly in terms of affordability. those mortgage interest rates have risen considerably along with the fed rates. now we're looking at interest rates that are roughly double where they were a year ago. that is impacting the affordability. there you see, 6.3% now, those

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The Papers

can't _ underneath. low—paid care workers can't afford — underneath. low—paid care workers can't afford petrol. we know the average — can't afford petrol. we know the average cost to fill up your car has gone _ average cost to fill up your car has gone to— average cost to fill up your car has gone to £100 which is excruciating for anybody no matter how wealthy you are _ for anybody no matter how wealthy you are. but for low—paid for anybody no matter how wealthy you are. but for low— paid workers literally— you are. but for low— paid workers literally impossible to pay that and continue _ literally impossible to pay that and continue to pay your other bills that have — continue to pay your other bills that have all grown up with 10% inflation — that have all grown up with 10% inflation. what this story is saying is that— inflation. what this story is saying is that some low—paid care workers are either— is that some low—paid care workers are either calling in sick because they can't— are either calling in sick because they can't afford to fill their car or they— they can't afford to fill their car or they are _ they can't afford to fill their car or they are leaving whateverjob it is in the _ or they are leaving whateverjob it is in the care system and trying to find other— is in the care system and trying to find otherjobs. this is another big problem _ find otherjobs. this is another big problem that we've got in our economy _ problem that we've got in our economy. we are so many vacancies and so _ economy. we are so many vacancies and so many— economy. we are so many vacancies and so many different industries, whether— and so many different industries, whether it's hospitality, care, whatever— whether it's hospitality, care, whatever it might be. because there are not— whatever it might be. because there are not enough people for the jobs to have, _ are not enough people for the jobs to have, it— are not enough people for the jobs to have, it is actually a sellers market~ — to have, it is actually a sellers market. if you are selling your work you can _ market. if you are selling your work you can probably find it on the job. so we _ you can probably find it on the job. so we are — you can probably find it on the job. so we are going to have more

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American Voices With Alicia Menendez

market. so, we have once in a lifetime opportunity to say to our employers, i need to pay for my childcare, i need offer some sort of childcare benefits. i need flexibility, or the ability to work remotely. i need you to care for my mental health, i need you to offer paid leave and mandate, that men take it. to abortion's business -- >> one of only two single moms in congress points out that abortion is also an economic issue. of course, take a listen. >> this is going to shape peoples economic opportunity is, if women are forced to be pregnant, to carry pregnancies, to become parents when they don't want to be. those are women that are gonna be out of the workforce, who are not gonna plea complete their education, the single best prediction of being a victim it is being apparent. the single best predictor of bankruptcy in this country is being a parent of young children. so, this is fundamentally gonna be an economic issue, as well as a socialist and personal. on >> reshma, your thoughts? >> it's absolutely an economic issue again who has abortions?

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Home Going for $800K Comes With Basement Squatter: 'It's a Seller's Market'

"Never in my wildest dreams did I think there would be this kind of interest in the property," the listing agent told Newsweek.

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BBC News-20220118-20:31:00

about the prophet of inflation this year but when you see wage increases being agreed like that, is that what you will see more more cross sector? is there evidence that would more people injobs is there evidence that would more people in jobs that maybe it's not quite the sellers market that some of the unions might think at the moment? we of the unions might think at the moment? ~ . ., ., of the unions might think at the moment? ~ . . ., , . moment? we have had a mixed picture of wa i e moment? we have had a mixed picture of wage increases. _ moment? we have had a mixed picture of wage increases. with _ moment? we have had a mixed picture of wage increases. with some - moment? we have had a mixed picture of wage increases. with some sectors i of wage increases. with some sectors where you saw a higher wage rises and some of them not, where the biggest shortages were. so it is a fairly mixed picture. i say generally the professional services, especially it skills and the likes of ten to attract higher wages overall so far where it's actually surprisingly in terms of where you look at hospitality, some but not all but some of them hospitality us have seen not a large increase in weight so far but overall it's a very tight market. and you would

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