The Garden State Takes a New Approach to Expanding Affordable Housing
Recent legislation in New Jersey could provide inspiration for eliminating affordable housing hurdles in other places with strong housing markets
Will NAR's Landmark Commissions Settlement Lower Housing Costs?
The $418 million deal changes long-standing rules—written and unwritten—that consumers claim inflated sales commissions for home sellers, including new-home builders
Biden's Proposed Fixes for Housing Affordability
In his State of the Union address, President Biden proposed several actions to improve housing affordability and supply
Biden Administration Extends Federal Housing Financing Program
Funds from the program are used to develop or rehabilitate affordable rental homes, helping boost US housing supply
Why It's Harder for Young Adults to Move Out of Their Parental Homes in Some States
Data show that in some US markets more than others, young adults aged 25 to 34 are continuing to live in their parental homes. One key reason: affordability
Housing Values Continue to Rise, Housing Market Gained $2.4T in Value Over Last Year
The total value of U.S. homes sees biggest gain in almost a year, with affordable East Coast and Midwest metros seeing gains of more than 10%
Affordability
The 5 Most and 5 Least Affordable US Housing Markets
The top five least affordable major markets are all in California, while Lansing, Mich., leads the pack of affordable metros
Community Development
Affordable, Supportive Community for Veterans Soon to Open in Ventura County
The development brings Ventura County, Calif., a step closer to closing the gap between supply and demand in affordable housing
Affordability
Newark’s $1 Housing Lottery Has a Winner
The lottery program aims to boost home ownership in Newark, NJ, where most residents are renters
Affordability
Making Sense of National Housing Shortfall Estimates
Is it 1.5 million homes, 5.5 million, or more? Why is there so much disparity in housing shortfall estimates?
Affordability
Democratic Senators Urge Federal Reserve to Cut Interest Rates in 2024
A group of Democratic senators is urging the Fed to do more and better on interest rates to ease the burden on American households struggling to afford housing
Affordability
More Americans Are Moving House in Search of Affordability
Lack of affordable homes is motivating some households to relocate to other cities, states, and even regions as they seek a cheaper place to live
Affordability
The Increasing Disconnect Between Home Prices and Income
With the rapid rise in home prices since the start of the pandemic, home price-to-income ratios have hit all-time highs in 78 of the 100 largest U.S. markets
Demographics
Cities Where It's Easier for Gen Z to Own a Home
Cities in the Midwest and South, such as Fort Wayne, Ind., Corpus Christi, Texas, and Detroit, offer America's youngest a homebuying window of opportunity
Affordability
Models of Affordability: Houston, Beyond Zoning
Limited land use regulations have certainly helped the city's housing affordability, but for low-income residents, policies such as inclusionary zoning may not be enough
Affordability
In SC, Affordable Housing Comes in a Shipping Container
To provide homes for some of Georgetown County's lowest-income residents, Habitat for Humanity is getting creative with shipping containers