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Affordability

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Why Springfield homes sell faster than Illinois average

November 6, 2025 by bp56691
With fast days on market, affordable homes and low inventory supply, see why sellers in the Springfield housing market are cutting prices.
Categories Affordability, Artificial Intelligence, Housing Market Data, HWmember, Illinois, Local Market Spotlight

As other markets tighten, Memphis remains a bargain for buyers

November 5, 2025 by bp56691
Memphis home buyers gain leverage as inventory grows 18% and homes take 84 days to sell, keeping prices well below state and national medians.
Categories Affordability, Artificial Intelligence, Housing Market Data, HWmember, Local Market Spotlight, Tennessee

Decatur homes sell twice as fast as national average

November 5, 2025 by bp56691
Homes in Decatur sell in 35 days, twice as fast as the U.S. average, with prices up 17.8% year over year but still far below national levels.
Categories Affordability, Artificial Intelligence, Housing Market Data, HWmember, Illinois, Local Market Spotlight

House bill calls for HOME housing program reforms

November 3, 2025 by bp56691
It aims to expand affordable housing supply by providing states and local governments with greater flexibility to fund housing development.
Categories Affordability, Homebuilders, House of Representatives, Housing Inventory, HUD, HWmember, Politics, Real Estate

Real estate leaders praise federal housing action, stress first-time buyer help

October 30, 2025 by bp56691
NextHome co-CEO Keith Robinson and others are happy to see Washington address housing, but say more first-time homebuyers help is needed.
Categories Affordability, Brokerage, Fannie Mae, FHFA, First-Time Homebuyers, Freddie Mac, Gen Z, HUD, HWmember, Millennials, NextHome, Politics, Real Estate, The White House

ALTA’s David Townsend on housing affordability and title insurance regulations

October 29, 2025 by bp56691
Townsend said his agenda will include efforts to expand housing access, halt right-to-list agreements and oppose title waivers.
Categories Affordability, ALTA, Fannie Mae, Fidelity National Financial, Freddie Mac, Housing Inventory, HWmember, Title, Title insurance

Financially stressed homeowners are delaying essential repairs

October 28, 2025 by bp56691
Financially stressed homeowners are delaying essential repairs
A study found that 71% of homeowners have postponed at least one home project in 2025, and 60% are actively delaying essential maintenance.
Categories Affordability, Home Improvement, Homeowners insurance, Homeownership, Housing Market, HWmember

Renters are moving more than homeowners, but US mobility is historically low

October 27, 2025 by bp56691
In 2024, just 11% of Americans changed their address, down from 14.3% a decade earlier and nearly half the rate of the 1960s.
Categories Affordability, Data & Visuals, Home Prices, Homebuyers, Homeownership, Housing Market, HWmember, Renters

Ohio moves to tie property tax increases to inflation

October 24, 2025 by bp56691
Legislators said safeguards were added to prevent local governments from cutting millage only to restore it later after raising other taxes.
Categories Affordability, Homeownership, Housing Market, HWmember, Legislation, Ohio, Politics, Property Tax

AI platform aims to tackle homebuilding bottlenecks

October 15, 2025 by bp56691
The company’s main platform, SwiftGov, is designed to help local governments reform zoning and permitting systems while keeping sensitive municipal data on U.S. servers.
Categories Affordability, Artificial Intelligence, Homebuilders, Housing Market, HWmember, NAHB, Regulatory Compliance, Technology
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