...are increasing even more, as indicated by homes taking longer to sell. Despite this cooling, these housing markets remain hotter than the others across the country. A for Affordability Other...

...by government-sponsored enterprises are now for first-time homebuyers. However, traditional measures of affordability offer a somewhat misleading perspective for this demographic. “With the bulk of millennials turning 30 in 2020...

...home value of $293,000, which is less than Massachuset’s median value of $352,600, but New York’s median income is slightly less, at $62,765, plus an affordability surplus of just $292....

A new report by Realty Hop found affordability is not common on the east and west coasts, as those markets dominated the top-5 least affordable areas in the nation. The...

...dropped 32%. The report, however, states that the market is nowhere near a bust, and that housing is still affordable for most Americans. Unisom’s 2019 Home Affordability Report, however, stated...

...the report, the bill hopes to address affordability concerns by increasing the supply of smaller homes, especially in sought-after areas. The report states that many of the provisions in the...

...affordability to be an obstacle in 2019 increased to 40% from 30.1% year-over-year. “The main burden, affordability, confirms the strong sellers’ market conditions from 2018 have continued in many markets...

Homeowners and renters alike are facing affordability issues, according to a new survey from Freddie Mac. According to the GSE’s “Profile of Today’s Renter and Owner” study, over half of...

...said. Realtor.com’s Chief Economist Danielle Hale mortgage rates have also helped boost affordability. “Looking forward, as long as the June drop in consumer confidence doesn't spook buyers we could see...

...Nationally, affordability has picked up, but depending on the market, some potential homeowners may find that the price-to-income ratio is near peak levels. Price-to-income ratios are highest on the West...