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The housing market has shifted toward a buyer's market, expert reveals

Foxbusiness
Summary
Nutrition label

63% Informative

The National Association of Home Builders warns that 25% tariffs on steel and aluminum set to take effect next month could hurt housing affordability by pushing up the cost of construction materials.

Red Fen CEO Glenn Kelman says the market has shifted definitively toward a buyer's market.

Kelman : In 95% of U.S. cities, it is more affordable to rent than it is to buy a home.

Redfin recently entered a partnership with Zillow that increased speculation that there could be a marriage between your two companies.

Redfin: "We don't comment on public rumors. We'll see what happens" Redfin says it hasn't happened nationwide, but it is happening in places, especially at the high end with more educated, empowered buyers.

VR Score

75

Informative language

79

Neutral language

6

Article tone

informal

Language

English

Language complexity

24

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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