...states where it costs less than 50% more. On average, home values in Hawaii are $648,000, and $364,300 in New Jersey. According to the quarterly U.S. Home Affordability Report from...

...2020. For many prospective buyers, affordability challenges and limited supply created barriers to home purchasing. Consumer confidence fell in the second half of the year, partly due to rising inflation,...

...the continuing challenges of the COVID-19 pandemic, a changing interest rate environment, supply-side constraints affecting housing affordability, and persistent climate change. The FHFA was established in 2008 as a result...

...are indicative of a seller's market, with an abundance of eager buyers and very limited supply." While outrageous housing costs were problematic for the year, affordability worsened in Q4 compared...

...years are wearing off and affordability is becoming a huge hurdle for many buyers.” Redfin has found that the estimated monthly mortgage payment for a typical home for sale rose...

...affordability restrictions continue to weigh on the housing market. A record-low 25% of survey respondents in January reported that they believe it’s a good time to buy a home, compared...

...the report analyzed housing affordability by racial group to help explain the differences in homeownership. One major barrier that stands in the way of minorities homeownership is income. Nationwide, 35%...

...of thousands of Americans flocked to Sun Belt cities last year in search of affordability, as housing costs are rapidly rising. The top 10 metros that gained the most residents...

Reaching its lowest level since May 2020, the Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 2.4 points to 71.8 in January, as affordability restrictions continue to weigh on the...

...rates began to spike. The interplay between prices and rates has significantly impacted affordability and borrower buying power in recent weeks. It now takes 25.8% of the median household income...