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Affordability

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Survey: Down payment concerns delay homeownership for many

July 3, 2025 by bp56691
Among those who are postponing or not planning to purchase, one-third cite insufficient income as the primary obstacle.
Categories Affordability, Down Payment Assistance, First-Time Homebuyers, Home Prices, Homebuyers, Housing Market, national association of realtors, NeighborWorks America, Real Estate

NAR: Homebuyers still have down payment misconceptions

June 30, 2025 by bp56691
NAR: Homebuyers still have down payment misconceptions
One of the most persistent misconceptions among aspiring homeowners is that a 20% down payment is required to buy a home.
Categories Affordability, Down Payment Assistance, FHA loan, First-Time Homebuyers, Homebuyers, Housing Market, HWmember, national association of realtors, VA Loan

Mayors back Realtor.com’s campaign to address the housing crisis

June 30, 2025 by bp56691
The resolution acknowledges the mounting housing affordability crisis and calls for policy reforms at all levels of government.
Categories Affordability, Homebuilders, Housing Inventory, national association of realtors, Politics, Real Estate, Realtor.com, Regulatory Compliance

Here are the three metros where homeownership is still affordable

June 25, 2025 by bp56691
Here are the three metros where homeownership is still affordable
Realtor.com calculated the share of income a typical household spends on housing by dividing its estimated median monthly housing costs by the median household income in each of the 50 largest metros and the U.S. more broadly.
Categories Affordability, Data & Visuals, Detroit, Housing Market, HWmember, Pittsburgh, Realtor.com, St. Louis

‘Feelings-based recession’: More Americans fearful of finances despite economic data

June 19, 2025 by bp56691
The TransUnion survey found that 32% of consumers report being pessimistic about their household finances over the next 12 months.
Categories Affordability, Consumer confidence, Federal Reserve, Housing Market, HWmember, Inflation, Interest Rates, Mortgage Rates, Tariffs, TransUnion

The pandemic made housing less affordable, but not in the obvious places

June 17, 2025 by bp56691
The pandemic made housing less affordable, but not in the obvious places
The housing affordability crisis often conjures images of coastal urban cities, but that’s not where costs are rising the most.
Categories Affordability, Affordable Housing, Data & Visuals, Home Price Appreciation, Housing Market, HWmember, JPMorgan Chase, Millennials, Mortgage Rates

Massachusetts set to bar home sellers from requiring inspection waivers

June 16, 2025 by bp56691
The policy prohibits sellers and agents from requiring or encouraging buyers to waive a home inspection as a purchase condition.
Categories Affordability, Home inspections, Home Sales, Homebuyers, HWmember, Massachusetts, Real Estate, Real Estate Agents, Regulatory, Regulatory Compliance

Seattle housing market wrestles with crippling affordability concerns

June 13, 2025 by bp56691
Seattle housing market wrestles with crippling affordability concerns
Seattle is wrestling with a problem that is more acute than all but a handful of metropolitan areas — crippling affordability issues.
Categories Affordability, Altos, Data & Visuals, Housing Market, HWmember, Property Tax, Seattle, Tax, Washington

Comfortable city living usually requires a six-figure salary

June 13, 2025 by bp56691
Nine of the top 10 cities where homeowners need the highest incomes are located on the West Coast or in the Pacific region.
Categories Affordability, California, GOBankingRates, Homeownership, Housing Market, HWmember, Renters

Americans are divided over housing impacts of immigration, tariffs

June 13, 2025 by bp56691
Opinions fell mainly along party lines, with Republicans having a rosier view of tariffs and new immigration policies than Democrats.
Categories Affordability, Donald Trump, Homebuilders, Housing Market, HWmember, Politics, Redfin, Tariffs
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