The rapid rise in home prices and housing costs over the past five years has strained affordability in every part of the country, but a new study seeks to put a finer point on which metropolitan areas are getting hit the hardest. Realtor.com calculated the share of income a typical household spends on housing by […]
Here are the three metros where homeownership is still affordable Read More »
A rising tide of financial pessimism is washing over U.S. consumers, driven by concerns about inflation, global instability and a lack of economic clarity. At the same time, a solid majority of Americans remain optimistic about their financial future, according to TransUnion’s Consumer Pulse Study for the second quarter of 2025. The result is a
‘Feelings-based recession’: More Americans fearful of finances Read More »
The housing affordability crisis often conjures images of coastal urban cities with acute housing supply shortages and heavy land-use regulations. While these places do tend to have the highest home prices, it’s not where costs are rising the most. That’s according to a sprawling new study from JPMorgan Chase that examines affordability from a number
The pandemic made housing less affordable, but not in the obvious places Read More »
Massachusetts homebuyers will soon be protected from being pressured into waiving home inspections under new regulation. The policy, put forth by the state’s Executive Office of Housing and Livable Communities (EOHLC), prohibits sellers and their agents from requiring or encouraging buyers to waive a home inspection as a condition of purchasing real estate. It also
Massachusetts set to bar home sellers from requiring inspection waivers Read More »
As of April 2025, the typical U.S. homebuyer’s down payment was $62,468, down roughly 1% on a yearly basis and the first annual decline in nearly two years. That’s according to a new report from Redfin that’s based on an analysis of records across 40 of the most populous U.S. metropolitan areas. In percentage terms,
Down payments shrink as homebuyers scoop up FHA, VA loans Read More »
On the surface, Seattle’s housing market looks like any other in the country. The inventory of single-family homes for sale is up substantially year over year. New listings are up slightly, sales remain subdued and home prices aren’t moving much. That’s the story in the majority of housing markets. But Seattle is wrestling with a
Seattle housing market wrestles with crippling affordability concerns Read More »
Homeownership in many of America’s largest cities now demands a six-figure salary to sustain a comfortable lifestyle — with some regions requiring more than $300,000 annually. A new analysis by GOBankingRates ranked the top 50 U.S. cities by the income necessary to afford a comfortable standard of living, using factors such as average home prices,
Comfortable city living usually requires a six-figure salary Read More »
A new Redfin survey reveals sharp divides among Americans over how immigration and tariffs are affecting housing affordability, reflecting a complex and politically charged landscape. More than half of U.S. homeowners and renters (51.2%) believe that reducing immigration could worsen housing affordability by shrinking the pool of construction workers and limiting the number of new
Americans are divided over housing impacts of immigration, tariffs Read More »
The cost of owning a home in the U.S. has jumped sharply in recent years, reaching an average of more than $1,700 per month in 2023 — a 17% increase since 2020 — according to an analysis by First American senior economist Sam Williamson. Using the most recent U.S. Census Bureau data, Williamson found that
First American: Rising costs squeeze homeownership for millions Read More »
If you’re a first-time homebuyer, you might feel like the odds are stacked against you in today’s market. But there are resources and programs out there that can help – if you know where to look. And one thing that can make homeownership easier to achieve? An FHA home loan. They’re designed to help you
Buying Your First Home? FHA Loans Can Help Read More »