"The good news is that home affordability has stopped getting tougher around the U.S., at least for the moment. The bad news is that owning a home remains more of a financial stretch than it's been for many years," said Rob Barber, CEO for ATTOM Data.
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Home Affordability Finds New Low
Just 21% of homes qualified as affordable to the average American as low inventory and rising interest rates are keeping people put.
Read More »Declining Affordability Can be Remedied by Remote Work
The fact that remote work is sticking around means homebuyers can leverage their newfound freedom if affordability becomes an issue.
Read More »Manhattan, San Francisco Least Affordable U.S. Markets
A new report pinpoints Vancouver as the most unaffordable housing market in North America, but Manhattan and San Francisco are close behind. What other U.S. cities top the list?
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