...out of reach for many would-be buyers, homebuilder sentiment fell to the lowest level since December 2022, suggesting builders are concerned about how ongoing affordability headwinds will impact buyer demand.”...

According to the Mortgage Bankers Association's (MBA) latest Purchase Applications Payment Index (PAPI), homebuyer affordability further declined in October 2023, with the national median payment applied for by purchase applicants...

...and Florida. In addition to people moving to Nashville in search of affordability, some buyers are relocating for work. Amazon has a corporate hub in Nashville and financial firm AllianceBernstein...

...Experts predict moderation of the aforementioned factors will help spark the beginning of a potential "affordability turnaround" in the coming year. However, the limited supply of existing homes will still...

A new study from SelfStorage.com has revealed the states spending the smallest portion of their income on home payments throughout the U.S. The research by SelfStorage.com analyzed the average home...

...than 12-year low in September of this year. Rising mortgage rates have a dual impact on the housing market, reducing affordability for homebuyers and strengthening the rate lock-in effect for...

...same time, housing has been and continues to be under serious affordability pressure, resulting in recessionary-level home sales activity. While many current owners with low mortgage rates will likely continue...

...taking into account the affordability aspect. Overall, 215 U.S. cities across 11 snowbird-friendly states were examined in terms of: Snowbird-friendly surroundings (October to March average temperatures, rainfall, and air quality)...

...bigger bedrooms and bathrooms, and a garage to store their accumulated belongings. A primary reason given for not upgrading their space was affordability, with 63% of Americans who wanted more...

...rise in pending home sales in September, the late month surge in mortgage rates, following the Fed’s September projections, may have disrupted the process for some potential buyers. Housing affordability...