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
It was easier to afford a home in Q1 than any time in past 4 years: NAR
Published in affordability, home prices, Markets & Economy, NAR, national association of realtors and News Brief
More from affordabilityMore posts in affordability »
- Why affordability hits different in a military market
- 8M reasons to focus: A data-driven Q4 reality check for real estate
- A 7-home estate and a former talk show host’s Montecito hideaway among September’s priciest sales
- How buyer affordability education makes you the go-to agent
- 48% of Americans blame investors for ‘unreasonable’ housing costs
More from home pricesMore posts in home prices »
- Northeast sees strongest price gains in Q3 as median single-family home price hits $426,800
- ‘Signs of deceleration’ bedevil US home prices
- More homes sold. Lower rates. Lower inflation. Where Fannie Mae expects the market to move
- Mortgage rates just hit a new 2025 low. They might be stuck there.
- Discounts, lower mortgage rates give homebuyers deals this fall
More from Markets & EconomyMore posts in Markets & Economy »
- 53% of US homes lost value from 2024 — but it’s not a crash
- 8 reasons you should never recommend a 50-year mortgage
- ‘He didn’t even say he was sorry’: Brooklyn investor gets prison time for 12-year deed fraud scheme
- How to help senior real estate clients right-size with confidence
- Welcome to the Senior Class: Downsizing with a home equity conversion mortgage
More from NARMore posts in NAR »
- NAR repeals policy requiring membership for MLS access
- Inside Nykia Wright’s master plan to fix NAR and rebuild trust
- Dawn of a new era: Here’s how NAR says it’s changing for its members
- NAR economist predicts post-shutdown real estate ‘boom’
- RateMyAgent and Curated Social merge to form Renowned platform
More from national association of realtorsMore posts in national association of realtors »
- NAR repeals policy requiring membership for MLS access
- Inside Nykia Wright’s master plan to fix NAR and rebuild trust
- Dawn of a new era: Here’s how NAR says it’s changing for its members
- NAR economist predicts post-shutdown real estate ‘boom’
- RateMyAgent and Curated Social merge to form Renowned platform
More from News BriefMore posts in News Brief »
- HUD shifts homeless policy away from providing permanent housing
- NAR scores a victory in buyer commission lawsuit
- Redfin site fluke exposed past users’ data on listing contact forms
- Brown Harris Stevens names Halstead heir as its chief strategy officer (EXCLUSIVE)
- Zillow hit with new class-action suit over alleged broker kickbacks
Be First to Comment