Property Brothers on why the housing crisis is still raging

The US housing market has endured its fair share of challenges since the COVID-19 pandemic. Higher interest rates and house prices have pushed many people out of home ownership. But since the Federal Reserve has lowered interest rates in recent months, the housing crisis in the country seems to be loosening up a bit. New home sales results have been solid despite the lack of inventory. Can the positive momentum continue if the Fed takes a break from its rate cuts?

Yahoo Finance Executive Editor Brian Sozzi sits down with Property Brothers & Scott Brothers global co-founders Jonathan and Drew Scott. The group discusses the brothers’ new show “Don’t Hate Your House,” the biggest challenges facing today’s housing market, and what 2025 may hold. The brothers also give a few tips on how to negotiate a good price when buying or selling a home, and how to cost-effectively renovate your home.

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