#USHouseMarketStructureDraft The **U.S. housing market structure** consists of key players like buyers, sellers, real estate agents, lenders, and government agencies. It operates through a mix of new construction, existing home sales, and rental markets. Factors like mortgage rates, supply-demand dynamics, and economic conditions influence prices and availability. Government-backed entities (Fannie Mae, Freddie Mac) support mortgage lending, while zoning laws and regulations shape development. The market is cyclical, with booms and corrections driven by interest rates, employment trends, and investor activity. Regional variations exist, with urban areas facing affordability crises, while suburban and rural markets offer more affordability but fewer amenities.