Ivory Prize Top 10 Finalists Announced
Median US Down Payment Falls by More Than $4,000
The recent decrease in costs is welcome relief for homebuyers, but many West Coast markets remain expensive
Data Show Most Americans Are Struggling to Afford a Home
40.5 million households can only afford to purchase a $150,000 home
Housing Affordability Becomes Debate Topic in 2024 Presidential Election
Presidential candidates are tackling affordability issues as home price-to-income ratio reaches record high
How Much Must American Renters Earn to Afford Average Rental Prices?
US rents have increased 3.6% year-over-year, pushing the amount renters must earn to afford average rents to around $80K
American Families Are Spending a Quarter of Their Income on Mortgage Payments
The average monthly mortgage payment is up more than 9% year-over-year
Housing Markets
Where Are Home Prices Falling—and Rising—the Most?
While some metro areas are still seeing strong sales and double-digit growth, others are retreating from their mid-pandemic peaks
Affordability
Home Prices Are Rebounding in the Spring Selling Season
After falling in a winter housing correction, home prices are beginning to rise across the country
Demographics
In the Race to Homeownership, Millennials Are Lagging
Buying a home in today's high-cost housing market isn't a feat for the weak, and Millennial buyers who are making their first home purchase face the biggest challenges
New-Home Sales
Are the Days of Builder Incentives Coming to an End?
For the past several months, home builders have offered prospective buyers mortgage rate buydowns to make new-home purchases more affordable, but as the market stabilizes, those incentives may be coming to an end
Financing
Home Prices Are Increasing, but Buyer Sentiment Is on the Rise—Here’s Why
Homebuyers delayed by soaring borrowing costs are finding a window of opportunity as the Federal Reserve prepares to pause its rate hikes
Financing
The Mortgage Rate Madness Continues—Where Are Borrowing Costs Headed From Here?
Has the Federal Reserve taken its rate hikes too far? Here's what housing experts have to say about today's homebuying conditions
Housing Policy + Finance
HUD Donates $382 Million for Affordable Housing Development
Each state will be provided with Housing Trust Fund allocations to increase the supply of affordable housing for extremely low- and very low-income households
Tiny Homes
Seattle Builders Are Constructing Tiny Homes for the Formerly Homeless
A Seattle-based home building initiative is joining forces with volunteers from a local nonprofit to build energy-efficient tiny houses for the homeless
Affordability
Unaffordable Home Prices Are the Biggest Deterrent for Today’s Buyers
Homebuyers cite historically high home prices as their biggest barrier to homeownership
Affordability
These Are the Most Affordable Alternatives to Single-Family Homes
In a high-cost housing market, manufactured homes and vacant lots offer buyers an affordable alternative to single-family home purchases