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You Searched For "Homebuyer affordability" and got 20 results


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1 min read

Down payments are plunging in 10 places, giving homebuyers another affordability win

The median value paid up-front for a US house fell to $30,300 in the third quarter, $2,400 lower th…

James Faris   


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2 mins read

The typical first-time homebuyer in America is older than ever before

They have a median age of 38, up from 35 in 2023. By comparison, first-time homebuyers in the 1980s…

Alcynna Lloyd   


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5 mins read

4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help

Trump has pledged to lower housing costs, but industry leaders and economists are worried some of h…

Eliza Relman   


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3 mins read

Budget 2024: More affordable housing, lowered rent TDS — here’s what will change for the housing sector this year

Union Budget 2024 delivers massive boost with 3 crore affordable houses and tax cuts. Here's all th…

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7 mins read

3 couples who recently got mortgage interest rates under 3% share how they did it

The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and co…

Alcynna Lloyd   


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2 mins read

Why have housing sales fallen in 30 Tier-II cities?

The report shows that sales fell from 47,985 units last year to 41,871 units this year, while new h…

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2 mins read

Real estate continues to dominate India's investment portfolios, shows FICCI report

Even for millennials, buying a house featured at the top of their priorities. 66%​ of millennials &…

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2 mins read

Existing home sales hit a 14-year low as homebuyers hold out for lower rates that may not come

Homebuyers have stayed on the sidelines, waiting for lower mortgage rates. Based on how things are …

Filip De Mott   


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2 mins read

Buying a home just got more affordable for the first time in 4 years

Home affordability just improved amid a fall in mortgage rates, but don't expect further easing fro…

Kelly Cloonan   


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4 mins read

A couple who moved from Hawaii to Colorado for a lower cost of living are struggling to afford a home on a six-figure income

A millennial couple who earn $110,000 say homeownership feels out of reach in Colorado. They're try…

Jacob Zinkula   


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2 mins read

A record number of apartments are getting built this year. That's great news for real estate affordability.

An increase in the supply of apartments will slow both rent and home-price increases, experts told …

Kelly Cloonan   


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2 mins read

Buying a home is going to get affordable again — but you might have to wait until 2030

The cost of homeownership in the US will return to "normal levels" by the end of the decade, accord…

Jacob Zinkula,Andy Kiersz   


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1 min read

Homebuyers need to earn 87% more than in pre-COVID years to afford a starter home, Redfin says

To afford a typical starter home, buyers must now make $75,849, Redfin reported. That's an 87% jump…

Filip De Mott   


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2 mins read

A 40-year mortgage is the answer to improving home affordability, CEO says

"By making homeownership attainable for more Americans, we lay the foundation for a more resilient …

Matthew Fox   


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1 min read

Homebuyers need to earn 80% more than they did pre-COVID to comfortably afford a house in this market, Zillow says

Home prices are getting expensive, up 42% since January 2020, while median incomes haven't matched …

Aruni Soni   


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4 mins read

A homebuyer who got a 2.75% mortgage rate this year broke down how he did it

Brian Sankey got a low interest rate using an assumable mortgage, which is helping him buy a larger…

Alcynna Lloyd   


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1 min read

There's a 3-part checklist for how housing can become affordable again, economist says

Affordability can come back to US housing within three years if three things happen, a TD economist…

Filip De Mott   


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2 mins read

Kamala Harris needs to align 2 key parts of her housing plan if she wants to fix the affordability crisis

Kamala Harris says she wants fix the affordability crisis by building 3 million homes and assist wi…

Kelly Cloonan   


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2 mins read

Housing markets remain strong in 2024, sales rise 20% across six metro cities in Q1

India's major cities are experiencing a housing boom in 2024. Sales have gone up by 20% in the firs…

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1 min read

Housing affordability improved in just 1% of US counties last quarter

Just seven counties saw housing affordability remain under historical averages, according to data f…

Filip De Mott