In the second quarter of 2020, median prices of single-family homes and condos have been more affordable than historic averages in nearly half of the…
Posts published in “affordability”
The affordability index reached 166.8, meaning the typical family possessed 166.8 percent of the estimated income required to purchase a home. Source: Inman News
Over 75 percent of U.S. renters and almost 50 percent of homeowners could pay one month of housing expenses with a $1,200 stimulus check, according…
Sixty percent of individuals who work remotely to some degree reported an increase in affordability after relocating, according to a study by Redfin. Source: Inman…
According to a study released by co-ownership platform Haus, the share of single homeowners has reached an 118-year high of 39.8 percent. Source: Inman News
A lack of affordable for-sale housing is “placing pressure” on the rental market and driving up rent, according to Apartment Guide’s Rent Report 2020. Source:…
The Portland City Council gave the public two days to comment on plans to change zoning in residential neighborhoods. Residents still showed up hours early…
According to a National Association of Realtors report, healthy job growth, affordable housing and strong home price appreciation will make these metros homebuying hotspots over…
2020’s housing market will be strikingly similar to 2019 as low mortgage rates bolster buyer demand amidst a persistent inventory shortage. Source: Inman News