Elevated home prices and rents are causing homeownership to remain out of reach for millions of Americans, according to Harvard's Joint Center for Housing Studies.
The structural deficit of homes in both the for-sale and rental markets are contributing to the high levels of unaffordability in the overall U.S. housing market.
Rising interest rates, double-digit home price appreciation, and an imbalance of multifamily supply and demand are among the current challenges for the housing industry.
Specialty dealer is liquidating assets to eliminate debt.
Distributor moves facility to Kennesaw, Ga.
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