Tag Archives: affordability crisis

An anticipated rise in inventory and decline in mortgage rates are expected to ease affordability concerns for many as we enter 2024.

"The good news is that home affordability has stopped getting tougher around the U.S., at least for the moment. The bad news is that owning a home remains more of a financial stretch than it's been for many years," said Rob Barber, CEO for ATTOM Data.

A new study has found that housing authorities rolled out a number of homebuyer assistance programs in Q3 to assist buyers and take the edge off of monthly mortgage payments.

Asian (27%), Hispanic (24%), Black (20%), and white (15%) prospective homebuyers surveyed say they have not yet bought a home mainly because they are waiting for prices to decline. Click through to find out more from the National Association of Realtors.

Experts have said for decades that rent/housing costs should not exceed more than 30% of your income. Here’s where the current average salary gets you the furthest.

The Federal Home Loan Bank of San Francisco has released a package of recommendations for updating the housing ecosystem to close the racial homeownership and wealth gaps.

Efforts to use this digitized data for urban development must also keep in mind how this sort of data has been used historically. A new post from David Luberoff, Deputy Director of the Joint Center for Housing Studies at Harvard University, dives into the concept.

A lack of affordable homes has created millions of “missing households” which are keeping families in shared homes or the rental market.

According to a new report from Realtor.com, U.S. housing markets continue to struggle with a significant shortage of new homes, a result of more than a decade of under-building in response to population growth.

"It seems straightforward: We need to build more homes," said Dr. Skylar Olsen, Zillow's Chief Economist.