Tag Archives: Affordability

According to a new study from the Joint Center for Housing Studies, many renters living in high-poverty, lower-income, and lower-rent neighborhoods are more likely to experience financial distress, as data revealed some 61% of households behind on their rent live in communities of color.

The share of families living in apartments has reached the highest level in half a century, as a new RentCafe study shows more of those who could purchase a home are choosing instead to rent.

MBA forecasts rates and home-price growth to soften, which “should help bring more prospective buyers into the market” come spring.

A new report from North American Moving Company examines median prices, tax rates, and other factors to determine 2023’s most affordable regions.

As homebuyers nationwide face inflationary home prices, those who purchased a home relocated at an unprecedented rate in Q4, as elevated mortgage rates and economic uncertainty drove many homebuyers to more affordable areas.

According to a new study from Real Estate Witch, inflation has impacted an estimated 92% of millennials' homebuying plans, indefinitely delaying home purchases for many prospective buyers.

A new study from LendingTree revealed some 80% of homebuyers in past two years don’t regret buying a home during the pandemic housing boom.

A new Javelin study revealed that a majority of Gen Z’ers and nearly 40% of millennials would consider rent-to-own agreements as an alternative to purchasing as a result of low inventory and historically high mortgage rates.

New Fannie Mae data revealed the pandemic prompted many first-time homebuyers to move from smaller housing units in high-density cities to larger homes in lower-density areas, fueling a rise in home sales and lowering the number of days homes sit on the market.

An uptick in mortgage rates in November caused sales and prices to slow, but experts say there are early signs that housing demand may be creeping back around.