NAR affordability index dips for third straight month

The National Association of Realtors affordability index dipped for the third straight month in May, meaning the typical family had less estimated income to afford a home at the national median price, according to data released Friday. Continue reading

Rents are rising, but the US lacks sufficient middle income housing

Recent years have been a boon for landlords and a recession doesn’t appear imminent, though the multifamily housing market does face some challenges. Continue reading

NIMBYs, regulatory costs caused housing shortage: Harvard study

A shortfall in housing production is making homes ever more unaffordable for modest-income households, according to Harvard’s Joint Center for Housing Studies. Continue reading

Google’s big Bay Area housing investment won’t be enough

Economists praised the tech giant’s plan to spend $1 billion on Bay Area housing, but expressed skepticism that the efforts will solve the region’s housing crisis. Continue reading

Why the biggest challenge to local real estate isn’t iBuyers

Regular Inman contributor Teresa Boardman talks about how Zillow Offers just launched in the Twin Cities and what buyers and sellers truly need in her market (and probably yours, too). Continue reading

Price growth in the nation’s metros continues to slow

The median existing single-family home price in the country’s metro areas rose 3.9 percent year-over-year in the first quarter of 2019, according to NAR. Continue reading

What agents should know about tech’s next IPO boom

The San Francisco Bay Area could explode with new millionaires this year, as a number of the top Bay Area-based tech companies mull initial public offerings. But will this influx of new cash actually have an appreciable impact on the nation’s most expe… Continue reading

How are millennials combating affordability issues?

In a new survey from Clever Real Estate, millennial respondents said they’re planning to buy a house within the next 12 months — and many of them are considering homes that’ll save them money in unconventional ways. Continue reading

Student debt isn’t the only thing holding buyers back

Student debt isn’t the only thing holding back home sales, which reached a six-year low in December and have been on a steady decline since 2004. Continue reading

Home price growth slows across the country

Blitzer says despite declining sales, the overall economy is strong — offering some solace to economists worried about a looming housing and economic crisis similar to that of 2008. Continue reading