Tag Archives: home affordability

Billionaires brawl as everyone else just tries to get by: The Download

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As mortgage heads from UWM and Rocket fight it out in the press, it seems like both agents and consumers are just wondering how they’re going to pay the bills. Continue reading →

Why inland California housing is so exposed to downturn risk: Report

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Data provider Attom tracks the 50 U.S. communities most at risk of further housing decline. Half of them are located in one of three places. Continue reading →

Need a roomie? Zillow now allows you to list single rooms for rent

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Landlords now have the ability to list single rooms for rent on Zillow, as affordability concerns relegate more renters to living with roommates. Continue reading →

How this Florida legislation could lead to more sustainable housing

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Attorney and new Inman Contributor Rachel Streitfeld examines how changes to Florida’s zoning laws could free up vast tracts of land for high-density new home construction. Continue reading →

Simply Homes funded $22M to apply AI to home affordability crisis

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Simply Homes applies a more proptech-oriented approach by using an artificial intelligence-generated performance model to determine what each property will require to reach livability and in time, profitability. Continue reading →

Missing middle: Home shortage for middle-income buyers hits 320K

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The U.S. needs to not just build more new homes, but build more new homes that are affordable to most people, according to a new report from the National Association of Realtors and Realtor.com. Continue reading →

‘Affordable housing makes good business sense’: EXIT CEO

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Homeownership plays an outsized role in wealth building, but a lack of affordable housing is keeping it out of reach for too many Americans. EXIT Realty CEO Tami Bonnell writes that it makes good professional sense for Realtors to prioritize affordabil… Continue reading →

Interest rate hikes keep Miami the least affordable city in the nation

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Buyers would have to spend 86 percent of their income to afford the $600,000 median home price, according to new research released Monday from RealtyHop. Continue reading →

Making $67K? That’s no longer enough to buy the typical US home

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The second quarter of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least two decades. Continue reading →

NAR chief economist: We may be in for a ‘most unique’ recession

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Lawrence Yun predicted this year’s housing market will see declining sales, rising home prices and an American Dream increasingly out of reach Continue reading →