The share of income required to afford a mortgage has risen to 30.2 percent, well above the established norm of 22.8 percent of a homeowner’s income, according to an analysis by Zillow released Thursday. Continue reading
Housing could be made more affordable, according to broker Teresa Boardman. The problem? It’s not in enough people’s self-interest to do so. Continue reading
The US has been underbuilding for more than a decade, according to a new analysis by the National Association of Realtors. Without a solution, homeownership will become more difficult to obtain. Continue reading