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Search Results for: Affordability

The Future of Urban and Suburban Housing

...emerging. Dietz revealed that increased construction activity in lower-density markets was already occurring as part of the housing affordability crisis. He added that the pandemic’s acceleration of more remote and...

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Q3 Report: Home Prices Outpacing Incomes

home prices

...too high for most to consider buying. "Favorable mortgage rates will continue to bring fresh buyers to the market," said Lawrence Yun, NAR chief economist. "However, the affordability situation will...

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Why Is Housing Affordability Declining?

Home values

The National Association of Home Builders (NAHB) reported that housing affordability declined during the third quarter of 2020, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI). This has been...

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30-Year Fixed-Rate Mortgage Hits Record Low

...considerably higher than a year ago. The steep price gains are placing affordability front-and-center. For buyers looking to purchase the median-priced home this month, the monthly mortgage payment will be...

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Charting Older Adults’ Access to Housing

...categories, including housing affordability, accessibility, and options. The categories are explained further here. "Using data from the Index and the American Community Survey, our report finds that renters and Asian...

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