Study: Washington D.C. residents have the most cash leftover after paying their mortgage



With housing becoming more and more unaffordable in the U.S., a new Zillow analysis shows that residents in the capital, Washington D.C. have the most cash left over after paying their mortgage. Zillow’s study assumes the median annual gross income and mortgage payment for each of the 35 largest housing markets in the U.S. Its […]

To Really Find the Most Affordable 2nd Home Getaways



Real estate data from Homes.com revealed Turkey and Greece as two of the most economical markets for owning a 2nd home.

Zillow says housing affordability concerns will grow in 2019



The housing market is slowing as 2018 comes to an end, but home shoppers looking for a more affordable buying environment in 2019 might be disappointed. Next year, Zillow expects mortgage rates to continue to rise, putting a pinch on affordability, particularly in already expensive markets. Some buyers may be pushed back toward the rental […]

Affordability concerns are slowing down new home construction



Rising housing affordability concerns are causing a slowdown in new home construction, according to a U.S. Commerce Department report published last week. The report noted that single-family housing starts fell by 1.8 percent in October compared to the previous month. “This month’s decrease in single-family starts isn’t a surprise given the drop in our builder […]

Suburbs are less affordable than urban areas in the largest U.S. metros, study finds



Housing affordability across the country is especially tough in the nation’s urban areas, but in the country’s largest metros it’s often the suburbs that are the least affordable.

Report: Home affordability “unnervingly low’ for lower-income buyers



The double-whammy of of rising home prices and interest rates is creating a tough environment for would-be home buyers, making monthly mortgage payments on even modestly priced homes more of a financial burden. A monthly mortgage payment for a typical U.S. home requires 17.5 percent of the median income, up from 15.4 percent a year […]

Zillow analysis highlights affordability gap in the rental market



Rental options for black renters were far fewer than what Asian or white renters could choose from last year. Black renters could afford less than a third of the rentals that white or Asian renters could afford in 2017,

Despite continued inventory woes, housing affordability increases in Q1



Increases in mortgage rates are being offset by rising incomes, providing a small boost to housing affordability in the first quarter of this year, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index.

Report: Housing affordability crisis growing worse in 2018



Houses are becoming more unaffordable across the country, not just in the coastal markets. According to new data from ATTOM Data Solutions, the median home price was not affordable to the average wage earner in 68 percent

Salt Lake City poised to become America’s next hot housing market



Salt Lake City is rapidly on its way to becoming one of the nation’s hottest real estate markets, with prices following a very similar growth pattern to that witnessed in Denver over the past few years.