A coalition of housing leadership organized by the J. Ronald Terwilliger Center for Housing Policy is urging Congress to enact bipartisan, comprehensive housing legislation to address the nationwide affordability crisis
Tagged: Affordability
In October, the national median rent dipped 1.7% annually to $1,696 amid a softer rental market, while 20 major metros reported higher out-of-market demand than before the pandemic
Rural homebuyers need to earn at least $75,000 to afford the typical home, up from $36,000 before the pandemic, with the median home sale price in rural areas up 61% from before the pandemic
NAR projects a combination of easing mortgage rates, steady job gains, and improving market stability will prompt some sidelined home shoppers to drive existing-home sales in 2026 as more commit to buying
In its mid-year report, Realtor.com finds that investors are paying up to 35% above the median home sales price, as typical buyers have pulled back amid affordability challenges
The Urban Institute examines data to see how policymakers at the local, state, and federal levels are expanding manufactured housing options to help solve the market’s affordability and housing supply issues
As rates fall to levels last seen over a year ago, homebuyers have gained approximately $9,500 in purchasing power month-over month, yet with median home-sale prices up 2% year-over-year, many would-be buyers remain on the sidelines
As the mortgage rate market improves, MBA economists forecast headwinds such as tariffs and inflation may keep rates above the 6% mark and potential buyers on the sidelines for the foreseeable future
Despite affordability challenges, a new poll found that two-thirds of Gen Z respondents view homeownership as a lifetime goal, as they plot to make their first or next home purchase in the next six years
Life-events such as marriage, expanding families, job changes, and divorce are factoring into the housing market’s recovery on the road back to normalcy