Despite the ups and downs of real estate, homes are still being bought and sold at a steady pace. The housing market regained some of the loss from the 2008 crash, with median home prices rising 16.9% from $177,000 in 2008 to $207,000 in 2017. The value of the U.S. housing stock increased by 6.5% in 2017. Over the next decade, 80% of residential growth will happen in suburban communities. Many of those homes may be purchased by the younger generations that have increased typical salary expectations. In 2016, the homeownership rate in the United States was the lowest it […]
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