Tag Archives: affordability

Price growth in the nation’s metros continues to slow

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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

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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?

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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

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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

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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 →

Home appreciation slows, but prices remain out of reach

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A pair of reports from Zillow and Redfin paint a picture of slowing price growth, but homes remain unaffordable to the middle class in many major metros. Continue reading →

Builder confidence in single-family home sales remains solid

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The National Association of Home Builders’ index for newly built single-family homes rose 1 percentage point month-over-month to 68, continuing a five-month trend of scores in the high 60s. Continue reading →

How are agents (and their clients) coping with stock market sell-off?

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The stock market’s slump this week likely has many in the real estate industry wondering what the downswing means for their bottom line. Continue reading →

Seattle is more affordable than Detroit? How’s that even possible?

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New York City clocked in as the least affordable city, with rent accounting for 121 percent of each paycheck, according to a new study released on Friday. Continue reading →

Realtors understand local housing problems better than anyone

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Last week at the C.A.R. real estate summit, a Realtor gave a rousing speech about problems with the homeless. And while she acknowledged the need for compassion, she described the woes it creates for her community. She blasted local leadership for not … Continue reading →