Tag Archives: affordability

An economist’s take on what can be done about housing affordability

By | | Uncategorized
Comments Off on An economist’s take on what can be done about housing affordability

There are currently 45 million Americans aged between 25 and 34 — and most aspire to homeownership. However, according to Windermere Real Estate Chief Economist Matthew Gardner, the massive price growth many of us have benefitted from over the past sev… Continue reading →

Home affordability hits 15-year low, passing ‘inflection point’ for buyers

By | | Uncategorized
Comments Off on Home affordability hits 15-year low, passing ‘inflection point’ for buyers

An increasingly unaffordable home market is affecting homebuyer decisions and altering forecasts for price growth in the months to come, according to a new forecast by Zillow. Continue reading →

Atlantic City is the most affordable beach town in the U.S. in 2022

By | | Uncategorized
Comments Off on Atlantic City is the most affordable beach town in the U.S. in 2022

There’s a misconception that homes in beach towns are unattainable for many Americans because of their higher prices, but Realtor.com says that’s just not so — here’s a list of affordable beach towns for homebuyers to explore. Continue reading →

Buyers are still fighting hard, despite costly home payments

By | | Uncategorized
Comments Off on Buyers are still fighting hard, despite costly home payments

The monthly payment on a typical home is 50 percent pricier than it would have been a year ago, yet competition remains fierce. Continue reading →

As hate crimes rose, 70% of Asian buyers moved to safer areas in 2020

By | | Uncategorized
Comments Off on As hate crimes rose, 70% of Asian buyers moved to safer areas in 2020

Discrimination, mortgage readiness and affordability continue to be significant hurdles for Asian American and Pacific Islander communities, according to new report released Wednesday. Continue reading →

Housing affordability races toward levels not seen since 2006 bubble

By | | Uncategorized
Comments Off on Housing affordability races toward levels not seen since 2006 bubble

If mortgage rates rise by another half a percentage point — or if home prices go up another 5 percent — affordability will hit the worst levels on record, Black Knight warned on Monday. Continue reading →

Discrimination second only to high prices as biggest obstacle to buying

By | | Uncategorized
Comments Off on Discrimination second only to high prices as biggest obstacle to buying

The National Association of Realtors latest consumer survey revealed affordability is the main thing plaguing homebuyers, followed by discrimination, mortgage access and agent performance. Continue reading →

Aspen puts kibosh on short-term rental, new construction permits

By | | Uncategorized
Comments Off on Aspen puts kibosh on short-term rental, new construction permits

Last week, the city council voted unanimously to put a moratorium on all new construction and short-term rental permits in an effort to combat the city’s increasing lack of affordable housing. Continue reading →