The spring home buying season is getting into full swing but many thousands of aspiring home buyers have unfortunately found themselves priced out of the market. With scant home listings available, rising prices, interest rates on the up and bidding wars still commonplace, it’s no wonder many feel like they’re unable to compete. Still, housing
Middle class African-Americans, Hispanics, priced out of home ownership in largest U.S. metros
June 2, 2017 by
Just 18 percent of homes listed for sale in the U.S.’s 30 biggest metro areas were affordable for middle-class Hispanic families in 2016, and just 14 percent were within the financial reach of African-American families
Are Canada’s cities on the verge of a housing crisis?
August 11, 2015 by
The real estate market in the Canadian cities of Toronto and Vancouver is red hot right now, but with the average detached home selling for over $1 million, a growing number of people are being priced out of the market.
NAHB Study Reveals 200K Buyers Priced Out For Every $1K Increase
August 6, 2014 by
For every $1,000 increase in the cost of median-priced new homes, an estimated 206,269 households are pushed out of the market, according to a new study by the National Association of Home Builders.
