Another year of home price growth has pushed some metros to extremes, including Miami, where income growth hasn't been able to keep up, according to new data from OJO Labs
Home prices in most counties in a recent study were less affordable than their historical averages as price growth outpaced rising wages
55.7% of Americans who don't own a second home say they now want one, compared to just 46.4% who expressed a desire for a second home prior to the pandemic
In the second quarter of 2020, median prices of single-family homes and condos have been more affordable than historic averages in nearly half of the United States
Median home prices were still unaffordable for 66 percent of U.S. counties in Q1 2020, but that number decreased from 70.4% in Q4 2019
The average American worker still can't afford to buy a typical home in a large majority of US counties, though the situation is improving
A survey by Redfin found that Americans are stressed about home affordability and want the government to step in
Low wage growth and rising mortgage rates are to blame, according to a new Attom Data Solutions index
NAR's Melanie Wyne and industry attorney Mitch Skinner discuss federal regulators' concerns ahead of June real estate competition workshop
Opinion
Agents should be mindful of obvious warning signs that buyers are pursuing homes they can’t afford
Real estate giant may be taking a cue from startup TLCengine
The real estate portal will give buyers insight into how much they'll be spending
Despite nominal price jumps, New York City is more affordable after considering inflation
Homes in Miami getting more affordable after considering better wages and diminishing interest rates
Study broke down eight energy categories and revealed high costs overall