...increases affordability, and 32% believe transit-oriented housing increases affordability. The respondents under 50 are also more likely to believe they can have an impact on the creation of affordable housing...
Read More »Search Results for: Affordability
‘House Hacking’: A Growing Trend Among Younger Homeowners
...Zillow's survey also further illustrates the disproportionate impact of the affordability crisis on households of color, while reinforcing that people maintain an unwavering desire to own a home regardless of...
Read More »Home Sellers’ ‘Suppliers’ Strike’ Holding Back U.S Housing Supply
...supply is constraining the market more than sinking affordability, which reached another record low last month,” said Mark Fleming, Chief Economist at First American. “Nationally, when you can’t buy what’s...
Read More »Median Homebuyer Income Jumps $20K YoY
...home buying and selling behavior. "Given the erosion of housing affordability due to higher home prices and mortgage rates, the household income for those who successfully purchased homes jumped by...
Read More »Significant Lack of Inventory Adds to Barriers of Black Homeownership
...in Black homeownership will require additional housing market interventions. Housing affordability is a challenge for Black homeowners. The 30-year fixed-rate mortgage surpassed 7% in November 2022, compared to a rate...
Read More »The Week Ahead: Tackling the Nation’s Housing Shortage Dilemma
...of Housing Access & Affordability, Wells Fargo Foundation The featured presentation from Laurie Goodman, Institute Fellow, Urban Institute; Marcos Morales, Executive Director, Hogar Hispano Inc.; Sasha-Gaye Angus, President and CEO,...
Read More »Increasing Rental Inventory Fuels Rise in Vacancies
...to flatten; slowing household formation has also contributed—along with rising affordability challenges driven by the pandemic surge in rents, which rendered apartments in some areas unaffordable for many renters. Still,...
Read More »Cost of Living, Mortgage Rates Keeping Many Homebuyers ‘on the Sidelines’
...sidelines until more for-sale inventory becomes available.” Affordability hurdles remain, despite the dip in rates and rise in apps, as low inventory and high prices are keeping many on the...
Read More »The Impact of Department of Energy Regulations on Housing Affordability
The House Committee on Small Business recently held a hearing titled “Burdensome Regulations: Examining the Effects of Department of Energy Regulations on America’s Job Creators” featuring testimony on housing affordability...
Read More »Down Payment Assistance Resources on the Rise Nationwide
Down Payment Resource (DPR), a provider of homebuyer assistance program data and solutions, reports that homebuyer assistance program administrators are responding to the mounting home affordability crisis by rapidly rolling...
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