Warren Buffett's Berkshire Hathaway predicts major housing market shift soon
Americans looking to buy a home may see a new trend emerge to address the housing affordability crisis.
Over the past few years, homebuyers have navigated a challenging housing market marked by rising prices and stubborn mortgage rates. These factors have made young buyers hesitant, leading many to postpone buying a home as they wait for housing conditions to improve.
Ongoing market gridlock and broader economic uncertainty have further weakened buyer confidence this year. As a result, homebuyers are seeking alternatives to afford rising housing costs and care for aging family members.
