Affordability

50-year mortgage? NAR would rather focus on increasing inventory

The 50-year mortgage is currently one of the hottest topics in housing, so it is unsurprising that the proposal floated by the Trump administration came up in conversation at the National Association of Realtors (NAR) 2025 NXT conference.  In an Advocacy Scoop podcast recording session Thursday evening, the potential of a 50-year mortgage and the […]

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Would You Let  a Month Hold You Back from Buying a Home?

Would You Let $80 a Month Hold You Back from Buying a Home?

A lot of buyers are stuck in “wait and see” mode right now. They’re watching rates hover a little above 6% and thinking, I’ll buy once they hit the 5s. Because who doesn’t want a better rate? But here’s the thing: that 5.99% number might not save you as much as you think. Affordability is

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Home affordability delaying life milestones for aspiring buyers

Coldwell Banker Real Estate has released its 2025 American Dream Report, finding that a majority of aspiring homeowners are postponing at least one major life decision — marriage, children, career changes, and even pet ownership — until they can afford to purchase a home. The company commissioned The Harris Poll to survey more than 3,000

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Wheeling, WV: Price cuts hit 43.9% of home listings in affordable area

Price adjustments dominated the Wheeling, WV-OH metro housing market in the week ending Nov. 7, 2025, with 43.9% of active listings reducing their asking prices. The market absorbed 30 homes during the same period, demonstrating buyer responsiveness when pricing aligns with expectations. The Wheeling–Weirton–Steubenville, WV-OH metro area maintained 355 single-family homes in active inventory, with

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VA loans rise as housing market shifts toward buyers

A growing share of U.S. homebuyers are using Department of Veterans Affairs (VA) loans as the housing market leans in favor of buyers. Nationwide, 7.3% of mortgaged homebuyers used a VA loan in August, up from 6.5% a year earlier — the highest level for that month since 2019, according to a report from Redfin.

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Community association leaders advocate on Capitol Hill

Hundreds of community association leaders visited Capitol Hill this past Thursday for the Congressional Advocacy Summit hosted by the Community Associations Institute (CAI). More than 200 advocates from CAI — representing more than 77 million homeowners association, condominium and co-op residents — met with members of Congress and their staff to discuss federal issues in

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Why Springfield homes sell faster than Illinois average

The Springfield, IL metro housing market recorded a median days on market of 28 days for the week ending Nov. 7, 2025, moving faster than the Illinois state median of 49 days. The accelerated sales pace comes as the metro’s median list price sits at $199,700, well below the state median of $309,900. Springfield’s housing

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As other markets tighten, Memphis remains a bargain for buyers

The Memphis housing market shifted further into buyer-favorable territory this week, with 45.2% of active listings taking price reductions while homes sat on the market for a median of 84 days. The metro’s 4,455 active single-family listings represent a 17.6% increase from the same period last year, creating the region’s strongest negotiating position for buyers

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Decatur homes sell twice as fast as national average

The Decatur, IL housing market is moving at twice the national pace, with homes selling in just 35 days compared to the 77-day national median, even as median list prices climbed 17.8% year over year to $152,450. The Decatur metro absorbed 24 homes last week, up 33% from 18 homes during the same period last

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Rochester affordability fuels New York’s tightest housing market

The Rochester metro has become New York’s tightest housing market, with just 0.96 months of inventory—the lowest among all major metros in the state. The metro’s relative affordability at a $249,900 median list price appears to be driving intense buyer competition, pushing the market into strong seller territory with homes selling in a median of

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