Affordability | ProBuilder

Affordability

Ohio May Be One of the Last Affordable US States

Northeast Ohio is one of only a few metro areas where people across income levels can find attainable single-family homes

Affordability

Economic Trends and Their Impact on Housing Affordability

Historically, American households earned more than required to afford the median priced home. That's changed over the past several years

Affordability

Fannie Mae Revises Its 2024 Home Price Growth Forecast

Housing prices have remained elevated for years, but the rate of growth is expected to drop as inventory continues to rise

Shown are two blocks. One has a percentage symbol while the other has an up and down arrow on either side. A hand shifts the second block so the down arrow becomes visible.

Affordability

As Mortgage Rates Drop, Home Affordability Improves

Affordability in the US housing market reached its best level in six months as of August 2024

Affordability

How Attainable Is Homeownership for First-Time Buyers?

With rising prices, first-time homebuyers are using almost 50% of their monthly income to make housing payments

One person hands another person a house key. Behind them is a sign reading "sold," indicating the sale of a home.

Affordability

Here’s How Much Is Needed to Afford a Starter Home

With the annual median income at just over $67,000, many American households are unable to afford the average starter home

A starter home with a "for sale" sign outside on the front lawn

Awards

Ivory Innovations Announces Opening of Nominations for the 2025 Ivory Prize for Housing Affordability

The competition aims to make a difference in housing by championing attainable, innovative solutions for housing affordability

Design

Building Codes and Adaptive Reuse: Ensuring Safety and Health While Meeting Housing Needs

Converting nonresidential buildings into multifamily units boosts the number of attainable homes in a community, and building codes play a critical role

Adaptive reuse project at Boott Mills, Lowell, Mass.

Affordability

The Ins and Outs of Adaptive Reuse

A new white paper explores both the challenges and opportunities of converting offices into residential space

Closeup of glass exterior on an office building

Off-Site Construction

Can Factory-Built Homes Help Solve the US Housing Crisis?

Prefab construction reduces construction costs and opens up new financing opportunities. But there are other benefits, too

A row of prefabricated homes in a factory

Affordability

Housing Inventory May Be Increasing, but the Deterioration of Existing Homes Remains an Issue

Lack of funding for repairs for low-income homeowners and the continued deterioration of older homes are adding to the US housing crisis

The wooden framing around a doorway is deteriorating

Market Data + Trends

Starter-Home Sales Trend Upward

While sales for middle- and upper-priced homes fell, starter-home sales grew by more than 10% year-over-year

A blue starter home with a "sold" sign in the front yard

Housing Markets

These Housing Markets Offer the Easiest Path to Homeownership

In some Southern housing markets, it is less challenging to purchase a home, while homebuyers in the Northeast are having the most difficult time

An aerial view of a residential neighborhood in Florida

Market Data + Trends

Number of Homes Priced at $1M or More Hits Highest Share of All Time

Home price growth may have slowed, but home prices remain elevated, with about 1 in 10 homes in the million-dollar range

Row of luxury homes in a suburban neighborhood

Ohio May Be One of the Last Affordable US States

Economic Trends and Their Impact on Housing Affordability

Fannie Mae Revises Its 2024 Home Price Growth Forecast

As Mortgage Rates Drop, Home Affordability Improves

How Mud Dauber Wasps Inspired 3D-Printed Homes

She Built Ambassador Teaches Young Women About Careers in Construction

These Cities Are Seeing Homes Sell for More Than Their Asking Price