#USHouseMarketStructureDraft The U.S. real estate market operates under a mixed structure, combining private enterprise with public regulation. Most housing is built, sold, and financed by private companies, but the government plays a crucial role through policies, subsidies, and institutions like Fannie Mae and Freddie Mac. The market includes new construction, resale homes, rentals, and affordable housing programs. Supply and demand dynamics are influenced by interest rates, zoning laws, construction costs, and demographics. Regional variations are significant, with markets like San Francisco and New York differing greatly from smaller cities. Understanding this structure is essential for buyers, sellers, and investors navigating a complex, often volatile market driven by economic conditions, regulatory changes, and evolving consumer needs.