...house-buying power, which reduces affordability. “The good news is that, even in the unlikely case that mortgage rates rise faster than expected, our housing market is well positioned to adapt,”...
Read More »Search Results for: Affordability
Which U.S. City Makes the Most of Your Paycheck?
...and a bright spot in the state’s economy, accounting for about 30 percent of its domestic product.” The Irondale neighborhood is a major affordability boon to the region, Trulia reported....
Read More »Pending Home Sales Increase Ahead of the Homebuying Season
...listings on the market and its adverse effect on affordability are squeezing buyers and suppressing overall activity.” As we get closer to the homebuying season, experts are keeping a close...
Read More »High Home Prices Are Here to Stay
...rates, affordability is not a concern. “Affordability measures published by the National Association of Realtors show that a family with a median income could comfortably afford a mortgage for a...
Read More »The 7 Hottest Housing Markets in the U.S.
...and resale homes. Double-digit employment growth for higher-income segments ($120K–$200K) helps offset some of the affordability issues. The city remains a draw for its growing biotech sector, San Diego’s diverse...
Read More »Existing Home Sales Spring Back
...early 2018. However, even as seasonal inventory gains helped boost sales last month, home prices–especially in the West–shot up considerably. Affordability continues to be a pressing issue because new and...
Read More »Homes for Sale: Here Today, Gone Tomorrow
...much of the negative price impacts,” he said. “The labor market is strong, and wages are increasing. Affordability remains a concern, especially for entry-level homebuyers in today's low-inventory conditions, but...
Read More »The Ups and Downs of Housing Values
...Albany, 30 percent. Atlanta also posted a 33 percent decline in inventory. As availability and affordability continue to constrain the market, interest in buying a home is humming along nicely....
Read More »Collingwood’s Tim Rood: Evolving Housing to the Next Level
...wrapped in a riddle around the whole inventory problem and the affordability problem. There does not seem to be an easy solution there. The inventory that boomers occupy, if their...
Read More »Tracking Amazon’s HQ2 Impact
...for employers seeking to lure young urbanites,” said Zillow Senior Economist Aaron Terrazas. In addition to affordability, experts cited land availability, talent, and business-friendly tax codes as a few reasons...
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