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.
Tag: Affordability
ATTOM: Homes Grow Less Affordable
The median home price reached a new high of $375,000 in the third quarter, according to ATTOM, Irvine, Calif.
Atlanta Federal Reserve Bank: Homeownership Affordability Improves Slightly
Homeownership affordability improved slightly in July as mortgage interest rates moderated, the Federal Reserve Bank of Atlanta reported Friday.
National Housing Conference Report: Middle-Class Americans Priced Out
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.
CONVERGENCE in Action: Land Expo in Memphis
CONVERGENCE Memphis is unlocking new pathways to affordable homeownership through its Land Expo model–collaborative events that connect emerging developers, public agencies and capital providers around development-ready opportunities in priority neighborhoods.
ATTOM: Homeownership Remains a Financial Stretch
Median-priced single-family homes and condos were less affordable in first-quarter 2025 compared to historical averages in 97 percent of counties around the nation with enough data to analyze, according to ATTOM, Irvine, Calif.
Redfin: Housing Affordability Improved a Bit in 2024
Redfin, Seattle, released an analysis of 2024 affordability trends, finding that there was a slight improvement in housing affordability, although it was still the second-least-affordable year on record.
Adrianne Todman: Supply, Disaster Recovery, Affordability Top of Mind
DENVER–Adrianne Todman, Acting Secretary of the Department of Housing and Urban Development, spoke Oct. 28 at MBA’s Annual Convention & Expo, highlighting affordability, supply and responding to the recent spate of natural disasters.
New MBA Chair Laura Escobar to Focus on Supply, Affordability, Education
DENVER–Laura Escobar, the new Mortgage Bankers Association Chair for 2025, took to the stage at MBA’s Annual Convention & Expo Oct. 28, letting the crowd know that she is “here for the people.”
Empowering Renters Empowers the Market
In the face of a housing crisis exacerbated by the pandemic, the role of renter education and financial empowerment grows more crucial every day.