Residential

Published by FOX Business | July 5, 2023 Home prices jump in 98% of U.S. counties as affordability plummets Housing affordability in the U.S. declined again in the spring as home prices surged nationwide, according to new data from real estate analytics firm ATTOM. The findings show the price of a median single-family house surged to $350,000 …

Housing Affordability Plummets to Lowest Level Since 2007 As Prices Jump Read More »

Published by REALTOR.com | June 21, 2023 About 2.4 million households have been priced out of homeownership over the past year. First-time homebuyers and people of color have been particularly affected by higher home prices and mortgage interest rates, according to the Joint Center for Housing Studies of Harvard University’s annual State of the Nation’s Housing …

Fewer First-Time Buyers Can Compete in Today’s Pricey Market Read More »

Published by REALTOR Magazine | June 8, 2023 Today’s homebuyers are learning that finding a move-in ready home in a good location that they can comfortably afford is about as rare as a winning Powerball ticket. A dire housing shortage has kept prices strong and competition fierce among buyers despite high mortgage interest rates. That’s left less than …

Affordability Crunch: Where Middle-Class Buyers Can Afford Homes the Most—and the Least Read More »

Published by REALTOR.com | May 24, 2023 Whoever wins the 46th presidency—from either side of the aisle—will have a major challenge in tackling the housing crisis. After months of fueling rumors, DeSantis formally announced his bid for the U.S. presidency on Wednesday. What would that mean for the housing market if he wrests the Republican …

How a Ron DeSantis Presidency Would Affect the Nation’s Housing Market Read More »