The Disappearing Act That Is Middle-Income Housing
An expert weighs in on the diminishing supply of middle-income housing, which is particularly acute in California, and what to do about it
Utah Passes Bill to Regulate Modular Construction at the State Level
Goals for housing innovation and affordability meet in the Utah's passage of a new bill that establishes a statewide modular construction program
Affordability Improves, but the Average Worker Still Struggles to Afford a Home
Homeownership around the U.S. continues to require historically large portions of worker wages, a new housing-affordability report finds
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
Market Data + Trends
Realtor.com Revises Its 2023 Housing Forecast
While housing costs won't hit rock bottom in 2023, they also won't see as much growth as Realtor.com predicted at the start of the year
Market Data + Trends
As Housing Inflation Cools, Competition Heats Up
Cooling inflation could force the Federal Reserve to pause its rate hikes in the months ahead, leading to improved affordability that will likely spur increased competition in the housing market
Government + Policy
California Rep. Maxine Waters Proposes Billions to Help Low-Income Homebuyers
The new proposal aims to significantly expand funding for low-income housing
Housing Markets
The Bay Area Housing Market Is Becoming More Balanced
As inventory dwindles and home prices remain elevated in the Bay Area, slower sales are creating a more balanced regional market
Affordability
Why One Housing Analyst Says Home Prices Could Soon Fall
Housing analyst Andy Walden says a short-lived home price correction could precede another run-up in housing costs to close out the year
Market Data + Trends
The Fed Just Paused Interest Rate Hikes—What Does That Mean for Home Prices?
The Federal Reserve paused interest rate hikes for the first time in nearly a year last week, but experts say one key factor is still sustaining high home prices
Housing Policy + Finance
The Federal Reserve Is Loosening Its Grip on the Housing Market
The Fed opted not to elevate already high interest rates this month, and experts say that rare break could mean greater housing affordability is on the horizon
Demographics
Wealthy Boomers Are Pushing Millennials Out of the Housing Market
Baby Boomers are better equipped financially for homebuying and, as a result, are beating Millennials in the race to find affordable starter homes
Build to Rent
Asking Rents Post Their Biggest Drop In 3 Years
Median U.S. rent saw its largest annual decline since March 2020 last month, thanks to fresh supply from multifamily developers and homeowners choosing to rent rather than sell their properties
Housing Markets
Starter Homes Are Becoming Increasingly Unaffordable, Even in Secondary Markets
Entry-level housing has never been so expensive, especially in secondary cities where renters could comfortably make a move toward homeownership pre-pandemic
