Demand for purchase loans fell 1 percent last week compared to the week before, and was down 41 percent from a year ago, according to…
Posts published in “affordability”
The share of income required to afford a mortgage has risen to 30.2 percent, well above the established norm of 22.8 percent of a homeowner’s…
This will go down as one of the most challenging years for non-owners who would like to enter the market to begin building equity. Livian’s…
First-time homebuyers now make up 45 percent of all transactions, up from 37 percent of all buyers in 2021, returning to pre-pandemic levels, according to…
It’s still expensive to buy a home in nearly every part of the country. But for most buyers since the start of July, things didn’t…
Zillow has lowered its assessment of home values nationwide as the market continues to muddle through an ongoing slowdown in real estate. Source: Inman News
“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…
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…
Housing could be made more affordable, according to broker Teresa Boardman. The problem? It’s not in enough people’s self-interest to do so. Source: Inman News