Tagged: Home Affordability

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

Year-over-year increases show the housing market continues to slowly shift in favor of buyers.

Just one housing market considered affordable to FTHB in Q1 2024

It costs more for LGBTQ+ individuals to buy homes in areas with protections for them