#USHouseMarketStructureDraft

The U.S. housing market is divided into two main sectors: the primary market and the secondary market. In the primary market, buyers purchase homes directly from builders or current homeowners. This includes both new constructions and previously owned houses. In the secondary market, mortgage loans are bought and sold by financial institutions like Fannie Mae and Freddie Mac. This system provides liquidity and stability to the market. The U.S. housing market is also influenced by interest rates, government policies, and economic conditions, making it a key part of the country’s financial system.