Tag Archives: affordability

4.3M apartments needed in US by 2035 to meet demand, study says

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“Put simply, we do not have enough housing,” NAA President and CEO Bob Pinnegar says. He points to such factors as years of underbuilding and lack of affordability. Continue reading →

‘It’s a basic human right:’ TikToker takes aim at rental price gouging

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Brooklyn renter Grace Pinegar’s $700 rent hike went viral over the weekend, with more than 745,000 viewers agreeing that the increase highlights what’s wrong with the U.S. rental market. Continue reading →

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

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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

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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

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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

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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

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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

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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 →