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Affordability

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Has homeownership become a luxury good?

December 4, 2025 by bp56691
First-time buyers now make up only 21% of home purchases, with the median age rising to 40 and the under-35 homeownership rate at 37.1%.
Categories Affordability, Affordable Housing, Homeownership, national association of realtors, Opinion, Real Estate

First American’s 2026 housing market forecast points to better affordability

November 14, 2025 by bp56691
First American’s Odeta Kushi said mortgage rates are expected to remain in the low-6% range, but other factors will lift affordability.
Categories Affordability, First American, First-Time Homebuyers, Homebuyers, Housing Inventory, Housing Market, HWmember, Mortgage Rates, Odeta Kushi

What real estate agents need to know about the 50-year mortgage

November 12, 2025 by bp56691
Extending terms to 50 years does lower monthly payments — but it also substantially increases total interest paid and slows equity growth.
Categories Affordability, Agent, Bill Pulte, Donald Trump, Fannie Mae, Freddie Mac, Homebuying, HWmember, Mortgage, Real Estate, The White House, Trump Administration

Community association leaders advocate on Capitol Hill

November 10, 2025 by bp56691
Meetings with legislators addressed affordable insurance, disaster recovery, affordable housing, community self-governance and more.
Categories Affordability, Congress, Disaster Relief, Flood insurance, HOA, Homeowners insurance, HWmember, Natural Disaster, Politics, Real Estate, U.S. House of Representatives, U.S. Senate, Washington, D.C.

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
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