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The Property Specialist explains that the “American Dream” is further away while young Americans refuse to host.
The landlord is a long time considered a foundation ball “American Dream” symbolizes the ability to build wealth and ensure long-term financial stability.
Today, this dream varies slightly varies from younger generations for a longer period of time than before or stay at home with parents. This is the result of a consequence of invalidity, which continues to insist on the real estate and founder of the Mauricio Umansky agency’s real estate and founder.
“At the end of the day, American dreams have real estate, to have capital, build your mortgage and have a house,” he said. However, the high mortgage pace and house prices are “there is America’s dream to have the house” Draw what is affordable, added.
The apartment crisis is already required to spend more than 30% of homebuyers in 47 main metro areas
“The younger generation can not really be home.” “Again, I use the word of affordability, but it is a matter of true affordability.”
Like May, the typical US family should spend 44.6% to pay 44.6% of a medium-valued house from Realtor.com. This is high that the recommended is higher than the recommended, “It is almost strained, and almost filtered,” economists of the recent report said.
In Washington, on May 8, 2025, the “Sale” sign in front of a house in DC. (Via Nathan Howard / Bloomberg, Getty Images / Getty Images)
Realtor.com said that the chief economist Jake Krimmel Fox is three main drivers of the fox business: home prices, interest rates and revenues. However, recently, there are few “no movements,” these key measurements are small to provide a very positive point for the superiority. “
Determined by prices supply and demand in the marketAnd Krimmel said that prices do not fall as a slippery, as they do during pandemic, they did not fall by the increase in inventory. The supply is 31.5% of the year due to the latest data from Realtor.com.
A number of houses in the Southeast in the Washington Highlands neighborhood of Washington, February 23, 2024. (Rouse for Tristen Washington Post / Getty Images)
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“When the supply of houses in the market is over, prices do not fall, this is an indication that the demand in the market is very weak,” Krimmel added.
Requires and in turn, in turn, continues to increase home sales in home sales and crimmel. Although prices fell to 4 main points, the Federal Reserve Reaction to the comments of Jerome Powell and the latest consumer confidence indices, they are still highly high after a cut in the next meeting in July.
Young generations prefer to rent or stay at home with their parents for a longer period of time than before.
However, if the rates are easier, Umansky does not believe in seeing more interest rates in the range of 2.5% to 3%.
Given these dynamics, Umansky said he began to see the company’s trust. In addition, his friends and customers see their children return to their homes.
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“I want to say that we only see more and …. there is an opportunity to save money,” he said. “The idea of getting out of the house is not necessary, because parents are liberal a little more and give their children a little freedom and a little freedom to get out of their homes.”
Krimmel said that consumer confidence is also low, does not expect consumers’ revenues or purchasing power or not waiting for purchasing strengths, “it is a last obstacle to improve housing.
Realtor.com economists say that there are still solutions to make apartments increase income or reduce living costs. June is to build a more affordable house according to Realtor.com.
“New home supply and new home construction, especially favorable price points, can help eliminate price pressure in price pressures,” according to the report.
