Middle-class Americans now face a housing affordability crisis once reserved for low-income families, according to a new report from the National Housing Conference.
Tag: Affordability
Renting, Buying Both Prompt Affordability Concerns, ATTOM Finds
ATTOM, Irvine, Calif., released its 2024 Rental Affordability Report, showing median three-bedroom rents in the U.S. are more affordable than owning a similarly sized home in the vast majority of local markets.
MBA Comments at Congressional Hearing on Housing Affordability, Governmental Barriers and Market-Based Solutions
The Mortgage Bankers Association weighed in yesterday at the House Financial Services Committee’s Subcommittee on Housing and Insurance hearing on housing affordability, governmental barriers and market-based solutions.
Zillow: Affordability Squeeze Approaches as House, Rent Prices Rise
Housing affordability improvements brought on by historically low mortgage rates and dampened rent growth are “quickly evaporating” as home prices and rents rise faster than incomes, said Zillow, Seattle.
Solving Affordability with More Density
Most of us love the idea of having a single-family home on a two-acre lot, big enough to support livestock. But when it comes to housing affordability, says Zillow, Seattle, most of us also say they see a path through adding density.