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Affordability

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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

Mortgage rates aren’t hampering millennials’ homebuying interest

June 2, 2025 by bp56691
A recent Realtor.com survey found that 23% of millennials plan to buy a home in the next six months, up from 15% in September 2024.
Categories Affordability, baby boomer, Gen Z, Homebuyers, Housing Market, HWmember, Millennials, Mortgage Rates, Realtor.com

Where land-use regulations are driving up housing costs

May 21, 2025 by bp56691
Where land-use regulations are driving up housing costs
The federal government has few options for addressing housing costs because most land-use regulations are administered at the local level.
Categories Affordability, Altos, Construction, Data & Visuals, Home Prices, Housing Market, HWmember, Regulatory, Regulatory Compliance

More home sellers and home sales in May

May 12, 2025 by bp56691
More home sellers and home sales in May
The risk for this market is mortgage rates going higher. Even as the stock market has rebounded, the bond market has kept rates high.
Categories Affordability, Altos, Data & Visuals, Home Prices, Home Sales, Housing Market, Housing Market Data, HWmember, Mortgage Bankers Association, Pending Home Sales, Real Estate Listings

Deadline looms in Minnesota property tax forfeiture lawsuit

May 9, 2025 by bp56691
As many as 15,000 people may qualify for payment if they lost a home, business or other property due to tax forfeiture between 2012 and 2023
Categories Affordability, HWmember, Lawsuit, Legal, Minneapolis, Minnesota, Property Tax, Real Estate, Supreme Court

NAR: Home prices are up in 83% of metros

May 8, 2025 by bp56691
NAR: Home prices are up in 83% of metros
According to the National Association of Realtors, 189 of 228 metro areas saw an uptick in the median price for a single-family home.
Categories Affordability, California, Data & Visuals, First-Time Homebuyers, Home Prices, Homebuyers, Housing Market, HWmember, national association of realtors

Home sales disappoint at the end of April

May 5, 2025 by bp56691
Home sales disappoint at the end of April
Weekly single-family home sales came in 8% below the same time last year, and condo sales came in 19% fewer.
Categories Affordability, Altos, Existing home sales, Home Prices, Home Sales, Homebuying, Housing Market, Housing Market Data, New Home Sales, Pending Home Sales, Real Estate
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