Tagged: Home Affordability

Midwest markets lead in doctor home affordability, with purchase timelines as low as 1–2 years versus 11+ in high-cost states

A new affordability analysis by AD Mortgage shows that in many U.S. cities, high home prices and modest savings rates are forcing prospective buyers to spend decades saving for a downpayment

Realtor.com’s latest rent report shows rents falling for the 28th straight month, but finds that only a handful of major metros are affordable for full-time minimum wage workers, even as wage hikes begin to offer modest relief

With spring homebuying season just about underway, experts caution prices pressures could escalate

Three-quarters of starter-home listings are affordable for a household making the median income.

Median-priced homes and condos are less affordable than historical averages in 99% of analyzed counties nationwide.

Texas metros see largest improvement in affordability as 30-year-fixed mortgage rates hover near 6%

Monthly payments for a starter home are unaffordable for median-income families in half of the 50 largest U.S. metros.

Increases in income, inventory not enough to offset price, rate increases

Redfin data shows a homebuying window has opened