...the coming months, it will likely remain high, causing ongoing affordability issues for renters.” Asking rents surged 48% year-over-year in Austin, Texas —the largest increase on record in any metro...

...than they were a year ago, which is why applications for home purchases and refinances remain depressed. Purchase activity is hamstrung by ongoing affordability challenges and low inventory, and homeowners...

...the resulting further deterioration in home affordability. With 30-year rates hovering close to 6% and home prices up nearly 11% since the start of 2022, home affordability is at its...

...to fall in like or love with diverse choices. It takes them longer to choose, and for a pricier house to sell,” he declares. Pinto reckons that waning affordability will...

...that of attached properties (18%). Annual U.S. home price gains are forecast to slow to 5% by May 2023 as rising mortgage rates and affordability challenges are expected to cool...

...were migrating across state lines before those state lines had such drastic repercussions. I believe that now movers are going to take the state laws in place more seriously. Affordability...

Affordability issues are officially taking a toll on the market as the average asking price of a newly listed home is off 1.5% from its peak in spring in light...

...lower existing home sales than the prior month. View Q2 2022 U.S. Home Affordability Heat Map As historic affordability continues to decline, major home-ownership expenses on typical homes are now...

...weakening mortgage purchase market, which has suffered from a lack of housing inventory and increasing affordability issues,” said the release. “These factors have resulted in significant losses on the company's...

...house prices vary by city, so it’s helpful to know where affordability declining the most and the least.” The Five Cities Where Affordability Declined the Most and the Least “Affordability...