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Housing market's slump extends into 2025 as affordability issues persist

Summary by WBFF
The housing market's prolonged freeze continued into 2025 after posting two of its worst years since the 1990s with affordability remains a major challenge.

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Housing market's slump extends into 2025 as affordability issues persist

The housing market's prolonged freeze continued into 2025 after posting two of its worst years since the 1990s with affordability remains a major challenge.

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Fullerton ObserverFullerton Observer

Correa and Colleagues Introduce Bipartisan Legislation to Tackle Housing Affordability - Fullerton Observer

Representative Lou Correa (CA-46), alongside Representatives Jimmy Panetta (CA-19), Mike Kelly (PA-16), Nicole Malliotakis (NY-11), Suzan DelBene (WA-01), and Rudy Yakym (IN-02), reintroduced the bipartisan More Homes on the Market Act on February 20, 2025, to make housing more available and affordable for Americans.  This legislation would update the tax code to incentivize homeowners to sell their properties, increasing the housing supply and …

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Fullerton Observer broke the news in on Thursday, February 20, 2025.
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