...as low inventory, continued buyer competition and declining affordability, potential buyers are ready to move while mortgage rates remain relatively low. “In December and January, for-sale inventory continued to be...

...of these destinations precisely because they’re so popular with out-of-towners. Some homebuyers who prioritize affordability may start searching in less expensive northern cities.” Based on net outflow and unchanged from...

...and metropolitan areas, which are adjusted based on income, interest rates, and home-buying power. The ultimate goal of this is to provide a clearer picture of housing affordability. According to...

...to say that alongside supply constraints, buyers are dealing with other issues such as affordability concerns and rising interest rates. Rates jumped by nearly a point in January, driving up...

...Americans has widened, it is important to understand the unique challenges that minority home buyers face," said Jessica Lautz, the NAR VP of Demographics and Behavioral Insights. "Housing affordability and...

...to the impact on affordability, since rising rates mean higher homeownership costs even if home prices are unchanged.” Affordability remains an issue as the limited supply of homes available are...

According to new data from Realtor.com’s Monthly Rental Report, new data shows housing affordability issues are continuing to rise across the biggest U.S. markets. In January, the U.S. median rental...

...price gains may be counterbalanced as mortgage rates increase. However, more expensive housing has elevated affordability to become a broader concern as available supply remains limited." According to the Mortgage...

...that home ownership is less expensive than renting in many areas of the county. ATTOM’s Rental Affordability Report for 2021, showed that owning a median-priced home is more affordable than...

...Chief Economist. “The 30-year fixed-rate mortgage is nearing 4%, reaching highs we have not seen since May 2019. As rates and house prices rise, affordability has become a substantial hurdle...