Housing inventory-the number of homes on the market-has been falling since the rebound from the Great Recession, as investors snapped up homes and more older Americans decided to age in place.
Some housing analysts predicted that inventory would start to climb as builders scrambled to finish more new homes. But in markets where there's not a lot of new construction, inventory is hovering near historic lows, according to data crunched by Redfin and provided to TIME.
"I don't think I've ever seen it this bad," says Becky Koladis, who has been a real estate agent in Hartford, Conn., for 23 years. In December, Hartford had just 1.4 months of housing supply, meaning it would take just 1.4 months to sell all the homes on the market at the current pace of demand; in February 2019, by contrast, it had 5.9 months' supply. In decades past, economists would say that a balanced housing market has four to six months of supply.
هذه القصة مأخوذة من طبعة March 27 - April 03, 2023 (Double Issue) من Time.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة March 27 - April 03, 2023 (Double Issue) من Time.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Larry Hogan's Ethics Issue - On Jan. 27, 2021, then-governor Larry Hogan had good news for affordable housing in Maryland: nearly $40 million in competitive awards to spur construction of 18 low-income housing projects.
On Jan. 27, 2021, then-governor Larry Hogan had good news for affordable housing in Maryland: nearly $40 million in competitive awards to spur construction of 18 low-income housing projects. “During our administration,” Hogan said, “the State of Maryland has provided financing and tax credits to create or preserve more than 20,000 affordable rental units across the state.” But there was one detail Hogan didn’t mention: one of the projects was being developed on his own family’s property.
A Filmmaker's Quest to Unmask Bitcoin's Creator - Who is Bitcoin's founder, Satoshi Nakamoto? the question has perplexed and excited cryptocurrency fans ever since Bitcoin was created by someone with that username in 2009.
Who is Bitcoin’s founder, Satoshi Nakamoto? the question has perplexed and excited cryptocurrency fans ever since Bitcoin was created by someone with that username in 2009.
Unmasking prediabetes - Type 2 diabetes doesn't always arrive with a bang. It can develop slowly but eventually result in marked side effects like extreme thirst and hunger, frequent urination, blurry vision, tingling sensations, and fatigue.
Type 2 diabetes doesn’t always arrive with a bang. It can develop slowly but eventually result in marked side effects like extreme thirst and hunger, frequent urination, blurry vision, tingling sensations, and fatigue.
Animals understand death too - In 2018, field researchers in Uganda came across an unusual sight: a female chimpanzee carrying an infant she had recently given birth to that was affected by albinism, an extremely uncommon condition in this species that gives their fur a striking white color.
In 2018, field researchers in Uganda came across an unusual sight: a female chimpanzee carrying an infant she had recently given birth to that was affected by albinism, an extremely uncommon condition in this species that gives their fur a striking white color.
The Petro State - Colombia's first leftist leader wants to end oil
Last year, Colombian president Gustavo Petro watched in dismay as a political and economic crisis unfolded on the other side of his country’s eastern border. Global powers had imposed sanctions on Venezuela’s oil exports after the country’s autocratic leader, Nicolás Maduro, allegedly A his re-election. As hyperinflation fueled turmoil, millions of refugees poured into Colombia to escape.
Fortress Democracy - Despite efforts at home and abroad to undermine faith in U.S. elections, this year's vote is set to be the most secure and reliable ever. Thank new laws, fail-safes, and courageous election officials
Despite efforts at home and abroad to undermine faith in U.S. elections, this year’s vote is set to be the most secure and reliable ever. Thank new laws, fail-safes, and courageous election officials
The Beauty of Being Alone - There's a lot of fear around spending time alone. Alone time can make people itchy with boredom.
Recent articles and studies warn us about the dangers of loneliness—one 2017 study by Julianne Holt- Lunstad at BYU’s Social Connection and Health Lab claims loneliness is as bad as smoking 15 cigarettes a day. In 2023, U.S. Surgeon General Vivek Murthy published an advisory all about the epidemic of loneliness in America. It details the genuine risks of chronic loneliness, such as increased rates of anxiety and depression, as well as dementia in older adults
What is 'American Malaria' and Are You at Risk? - Few things will leave you feeling quite so icky as returning from a jaunt outside and finding a tick clinging to your skin
Babesiosis, is causing particular concern. The disease is colloquially known as “American malaria,” partly because of its widening spread and partly because of its clinical profile. Like malaria, it can lead to headache, fever, chills, nausea, vomiting, altered mental state, anemia, low blood pressure, respiratory distress, and more.
A strip-club fairy tale with a generous heart
THERE ARE FEW FILMMAKERS AS OPENHEARTED, as stone-soup inventive, as Sean Baker.
Fanfare for the gentle man
IN WE LIVE IN TIME, THE ROMANTIC drama whose slow October rollout has swept up moviegoers in a tidal wave of tears, Andrew Garfield plays a divorced man who finds love in a hopeless place.
