#USHouseMarketStructureDraft

The U.S. housing market is structured around various key components, including buyers, sellers, real estate agents, mortgage lenders, appraisers, and government agencies. Properties are bought and sold through private listings or multiple listing services (MLS), with prices influenced by supply, demand, interest rates, and regional economic conditions. Financing typically involves mortgages from banks or lending institutions, often regulated by federal entities like Fannie Mae and Freddie Mac. Local, state, and federal policies—such as zoning laws and tax incentives—also shape the market. This complex structure ensures dynamic interactions between public policy, economic forces, and consumer behavior in determining housing availability and affordability.