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Rising Home Prices Hurting Housing Affordability
Rising home prices pushed housing affordability down in May compared with last year, making homes a little less affordable to the average family, according to the National Association of REALTORS®’ latest housing affordability index. The median price for a single-family … Continue reading
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Rising Home Prices Hurting Housing Affordability
Housing Affordability Strong year-over-year price gains are starting to take a bite into housing affordability, particularly in the West, according to the NAR. The median single-family home price rose in 73 percent of the markets, or 119 out of 164 … Continue reading
Middle Class Home Buyers Struggle To Find Affordable Homes
Affordable Homes Middle class home buyers struggle to find affordable homes in the real estate market as rising prices, higher interest rates, and flat incomes limit their choices. More than half of homes for sale this month in 14 of … Continue reading