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How to reduce America’s housing crisis according to the CEO of Realtor.com


Realtor.com CEO Damian Eales has aggravated what measures should be taken to apply for the American housing crisis by setting a special purpose for overgrown.

The United States has been a while in the housing market with favorable and supply issues, it complicates people to buy a house.

“In terms of American gridlock Housing operations Really, we have been down for the last two years.

Home buyers receive keys to their homes

High costs of houses in compared to income also made it difficult for the market to enter the market. (Idle)

High costs of houses in compared to income also made it difficult for the market to enter the market.

Does the US housing market become a buyer friend market?

In the United States, the supply of 3.8 million homes has the space, according to A report broadcast by Realtor.com in March.

Eales, Realtor.com “is optimistic because all of the moving parts of the economy can facilitate mortgage rates,” he said.

This 30 years of fixed mortgage rate According to Freddie Mac, on April 24, April 24, April 24, on April 6 on April 6.

“However, I would say that if the mortgage percentage is significantly reduced, it will not solve this supply of this supply in terms of release of the president’s federal lands,” he said.

Home with Sold Sign

High costs of houses in compared to income also made it difficult for the market to enter the market. (Idle)

Trump management Joint Task Group in the Federal Land Area for the Housing opened in March. The goal is to define the federal lands of federal lands, which are “federal lands that may be eligible for the development of” federal lands, which are more smoothing and increase land transmission processes.

“This is not just a problem for federal politicians,” he said. “This is really a problem to release the ability of state and local governments sew those houses

According to him, he said that the rules of federal and local governments should facilitate the rules and need to get rid of expensive red tape to help their apartment and supply.

“Some of the value of any new home in this country are related to the red ribbon, so it is for free to release the rules. I think the environmental rules in a large number of countries have been armed to prevent the development of any type,” he said.

These Florida cities could see home prices drop

“And I think that this and multifaceted the rules of zoning, which prevent developments,” he said. “Now, you do not want to develop more in every neighborhood in the country, but you want to develop more than public transport stations. This will make it easier for the existing apartment crisis.”

“Mornings with Maria,” he said, “Otherwise”, which has a “other field”, which is a “other field”, which is “advantage of the planning process.”

“This is not a matter of a federal government, but a local government issue, and this is the issue of the state government,” he said. “Thus, it is something for those fed to release the federal lands, but it must come to a bipartisan feeling by reducing regulation with the local and governmental government and asking for growth in their economies.”

Its appearance “Mornings with Maria“On the same day, Realtor.com, 50 states and letter prices in Washington, DC” States Assessment and Homebuilding Reports cards “report.

According to Realtor.com, only three states – the ability to get acquainted with South Carolina, Iowa and Texas – the ability to get acquainted with the affordability and “future supply problems with new construction”.

According to Realtor.com, these States were MVPS in the housing market

Meanwhile, the report with seven states, New York, Massachusetts and Rhode Island has “F”. Others with this letter class have been identified as Oregon, Connecticut, California and Hawaii.

Eales said that in some states, in some states that prevented the rules that prevent them in favor and home.

Kyle Texas Home Construction

Employees are shown in front of the houses under construction in Texas, Texas, Texas, Texas on March 18, 2024. (Jordan vonderhaar / Bloomberg, through Getty Images)

“I think this is the growth mentality,” he said. “I think the south and Midwest is generally talking, these states have a true growth mentality, they want new housing development.”

For March, the National Realtors’ Union kept the average price of existing single-family houses at $ 408,000.

According to the US Census Bureau, new single-family houses purchased in March was a price worth $ 403,600.



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