Pending home sales increased 1.8% in February but declined 0.8% year over year, the National Association of Realtors reported Tuesday.
Tag: Affordability
Affordability Improved in All 50 States in 2025, Giving Home Buyers a Boost
First American Chief Economist Mark Fleming examines the broad-based improvement in affordability nationally and explains why it’s improving much faster in some markets than in others.
Housing Supply Gap Surpasses 4 Million Homes, Realtor.com Finds
The U.S. housing supply gap widened to an estimated 4.03 million homes last year, increasing from 3.8 million in 2024, according to the 2026 Housing Supply Gap Report from Realtor.com.
Chandler on Getting Involved, Passing the Torch
SAN DIEGO–“We always need to be moving forward,” said 2026 Mortgage Bankers Association Chair Christine Chandler, on stage at the MBA Commercial/Multifamily Finance Convention and Expo Feb. 9. “We owe it to our customers, our communities and our entire country. When our companies succeed, we empower others to succeed.”
ICE Mortgage Monitor: Early-January Rate Decline Unlocks Refinance Opportunities
Early January mortgage rate declines unlocked refinance opportunities for nearly five million borrowers and helped push affordability to a four-year high, according to ICE Mortgage Technology, Atlanta.
House-Buying Power Jumps Nearly 10% Annually
First American Chief Economist Mark Fleming breaks down why affordability continued its gradual improvement for the ninth consecutive month in November 2025 and the outlook for affordability moving forward.
Homes.com Finds First Year-over-Year Affordability Improvement Since 2020
The median home price increased nationwide 1.1% last year, but higher income growth and lower mortgage interest rates boosted affordability in 2025, according to Homes.com, Arlington, Va.
ATTOM: Affordability Remains Challenge Nationwide
ATTOM, Irvine, Calif., released its latest U.S. Home Affordability Report, showing that homes were less affordable than historical averages virtually nationwide in Q4 2025.
First American: Affordability Improves to Best Level in Three-Plus Years
Cooling home price growth has helped boost affordability to its best level since the summer of 2022, according to First American, Santa Ana, Calif.
Bankrate Finds More Than 75% of Homes Unaffordable to Typical Household
A new report from Bankrate, New York, finds that typical households earning the median income are priced out of more than 75% of homes on the U.S. market.