Tag Archives: housing affordability

NAR affordability index dips for third straight month

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The National Association of Realtors affordability index dipped for the third straight month in May, meaning the typical family had less estimated income to afford a home at the national median price, according to data released Friday. Continue reading →

Pending home sales drop to lowest level since 2014

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The National Association of Realtors’ Pending Homes Sales Index fell 7.7 percent year-over-year in November, marking the 11th straight month of annual decreases. Continue reading →

Will declining mortgage rates reverse static home sales?

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Mortgage rates continued along their downward trend to end the year, according to the latest data from Freddie Mac, released Thursday. Continue reading →

Which markets will homebuyers be priced out of next?

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SmartAsset’s study released on Tuesday shows that homebuyers are starting to be priced out of historically affordable markets such as Dallas, Nashville and St. Louis, thanks to inadequate income growth. Continue reading →

3 ways real estate agents can help renters become homeowners

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Here’s how three real estate agents in three distinct markets — New York City, Chicago and Fargo — are helping renters make their dreams come true. Continue reading →

Redfin CEO Glenn Kelman: There’s too much money in real estate

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Glenn Kelman, Redfin’s CEO and president took the helm of the real estate brokerage 13 years ago, this month. He talks to Inman about the ups and downs. Continue reading →