#USHouseMarketStructureDraft

The U.S. housing market operates through a complex structure that involves buyers, sellers, real estate agents, mortgage lenders, government agencies, and regulatory bodies. It is divided into two main segments: the primary market (where new homes are bought directly from builders) and the secondary market (where existing homes are bought and sold).

Prices in the U.S. housing market are influenced by factors like interest rates, economic conditions, supply and demand, and government policies (such as tax incentives and loan programs). The real estate industry plays a key role by facilitating transactions and ensuring legal compliance through Multiple Listing Services (MLS).

Government institutions like the Federal Housing Administration (FHA) and Fannie Mae also help stabilize the market by providing support for low-income buyers and ensuring liquidity in mortgage lending.