Tag Archives: affordability

Poll shows most Americans still think it’s a bad time to buy

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Consumer sentiment ticked up slightly in March as confidence in selling conditions improved and fewer people worried about losing their jobs. Continue reading →

Is Homes.com selling your own leads back to you?

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This week, Byron Lazine and Nicole White discuss Homes.com’s alleged use of agent names to snag leads, trouble in the commercial real estate industry and the debate around mortgages and affordability. Continue reading →

Redfin issues sustainability report in wake of ‘digital redlining’ lawsuit

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In its inaugural sustainability report on Wednesday, Redfin shared its efforts to improve housing access, equity and sustainability alongside corporate diversity and inclusion. Continue reading →

Pandemic-fueled ‘lock-in effect’ likely to limit new spring listings

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Black Knight data shows new listing volume is down 25 percent in January compared to pre-pandemic levels, the biggest drop since most of the country was in lockdown. Continue reading →

A theory is emerging online about a mass exodus from New York City

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Warehousing? Inflated algorithms? Shady developers? They’re all part of a new report on what’s driving up rental prices in New York City. However, social media users aren’t buying the theory. Continue reading →

Glenn Kelman calls millennials ‘the roommate generation’

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For years, real estate professionals have looked to millennials to push the housing market forward as previous generations slow their homebuying and homeselling activities. However, several obstacles — overwhelming student loan debt, stagnant wage grow… Continue reading →

This is where it takes the longest amount of time to save up for a home

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In Glendale, California, a homebuyer with a median household income for the area can expect to save for 15.1 grueling years, compared to counterparts in Detroit, who will save for just 2.6 years. Continue reading →

Homes could get more affordable even if prices don’t come down

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Homebuyer affordability could improve by 9 percent by the end of next year if mortgage rates continue to fall and home prices plateau as expected, First American economist predicts. Continue reading →

Surveys show impact of mortgage ‘lock-in effect’ on seller psychology

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Harris Poll finds 71 percent of Americans would be hesitant to move due to economic uncertainty over concerns, such as interest rates, inflation or a recession. Continue reading →