Tag Archives: affordability

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 →

Discrimination second only to high prices as biggest obstacle to buying

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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

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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 →

The 10 hottest housing markets to watch in 2022

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The top U.S. housing markets for 2022 are mostly affordable tech hubs with outdoor recreational opportunities that have become attractive alternatives to pricier coastal markets of late. Continue reading →

2021 on pace to tally biggest year in existing-homes sales since 2006

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Inventory across all housing types fell 0.8 percent from the month previous and 12 percent year over year to 1.25 million units. Nonetheless, home sales are expected to exceed 6 million by the end of the year. Continue reading →

Home prices see double-digit price surge across almost 80% of metros in Q3: NAR

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The median sales price of single-family existing homes increased in 99 percent of the 183 markets measured by the National Association of Realtors, while 78 percent of markets saw double-digit price gains. Continue reading →

America’s hottest neighborhoods: Blackstone District in Omaha, NE

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Omaha, Nebraska, has risen to the top of up-and-coming market lists due to its affordability. But Omahans — especially those in the Blackstone District — know it has more to offer than cheap housing. Continue reading →