Soaring Home Prices Contributing to Economic Crisis
Failure to purchase a home doesn't just lock Americans out of those benefits, it leaves them stuck paying landowners in monthly rent.
Starter Homes Are More Affordable Than Renting (in Some Places)
Rents are soaring to all-time highs and rising at a record pace which, after doing the math, has made buying a starter home more affordable than renting in 24 of the 50 largest metro markets, analyzed by Realtor.com
Mortgages Remain Within Affordable Levels Despite Rising Prices
Though home prices continue up, today’s homebuyers are not overextending themselves financially,…
The Most and Least Affordable Cities for Renters
About 8.8 million Americans were behind on rent payments as of December last year, according to…
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Affordability
Survey Finds Many Renters Worry About Homeownership
About half of Americans aged between 25 and 55 fear they will never become homeowners, a new survey from LendingTree finds. Fifty-two percent of…
Affordability
Looking at Affordability Through a New Lens
Affordability indexes may take mortgage rates, income, and home prices into account, but it’s missing an important piece of the puzzle. Bill…
Market Data + Trends
Buyers 'Marching Into the Jaws of Destruction' Says Redfin CEO
Redfin CEO Glenn Kelman says buyers are driven by affordability, and with the most affordable metros also being the ones most at-risk for climate…
Market Data + Trends
Increasing Home Prices Threaten Residents of These 10 Metros Most
As home prices continue increasing, wage growth has not. Median home prices jumped 7.2% last year while wages only increased about 3.7%, according…
Tiny Homes
Tiny Homes May Not Be as Cost-Effective as You Think
Accessory dwelling units spiked in popularity during the height of the pandemic for their flexibility and affordability features, but reports show…
Affordability
Affordability Tops List of Reasons for Homebuying Difficulties
Many buyers who have actively searched for a property over the course of three or more months cite affordability as the primary reason they have…
Innovation
There’s a Long-Standing Housing Crisis for Canada’s Indigenous Population—These Firms Have a Plan to Help
Just 500 people live In the remote town of Fort Severn in Ontario, but its intense struggle with a housing crisis is just one of many seen…
Affordability
Zillow Predicts Affordability Issues for Renters by End of 2021
If current rent and income growth trends continue, Zillow says some of the most affordable metros will become the least affordable and many…
Affordability
Home Affordability Falls in the Second Quarter
The share of homes affordable to families earning the U.S. median income fell sharply from the first quarter to the second quarter of 2021. The…
Housing Markets
2020's Hottest Markets Were Coastal and Affordable
In its 2020 Hottest Cities for Homebuyers report, CoreLogic found affordable coastal metros to be the most popular, posting the highest in-…
