The second quarter of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least two decades. Source: Inman…
Posts published in “home affordability”
Lawrence Yun predicted this year’s housing market will see declining sales, rising home prices and an American Dream increasingly out of reach Source: Inman News
Homeowners, long resistant to new apartments in their neighborhoods, are increasingly open to other ways of adding housing units, according to a new survey by…
Homebuyers used to be able to count on falling mortgage rates and rising wages to offset red-hot home prices. That’s no longer the case. Source:…
Anticipating a high demand for homes, a research team at JPMorgan Chase is bullish on several real estate stocks and investment trusts, according to a…
Ownership costs for the median home remain within a normal range but are nearing the point where lenders might start to balk. Source: Inman News
Another year of home price growth has pushed some metros to extremes, including Miami, where income growth hasn’t been able to keep up, according to…
Home prices in most counties in a recent study were less affordable than their historical averages as price growth outpaced rising wages. Source: Inman News
More than 55 percent of Americans who don’t own a second home say they now want one, compared to just 46.4 percent who expressed a…