The annual paycheck for a 1st-time homebuyer is roughly $64,500 to afford the typical US 'starter' home in 2023 — up 13% from a year ago, according to a report from Redfin
Buyers need to earn at least $107,281 to afford the $2,682 monthly mortgage payment on the typical American home, according to a new report
Q2 of 2022 saw the affordability of the typical home purchase erode at the fastest pace in at least 2 decades. Median home purchases would have taken up 31.5% of average annualized wage
For months, the rise in home prices was in line with underlying indicators. Now, it may have gone too far, a Dallas Fed report suggests
Despite record-high prices, homes remain much more affordable for buyers than they were in 2006, but buying power has taken a big hit lately
Fear of missing out on low rates could get buyers off the fence, if there's enough inventory to defeat 'fear of better options'
Homebuyers used to be able to count on falling mortgage rates and rising wages to offset red-hot home prices; that's no longer the case
White Realtors' median gross personal income last year was $49,400 while the median for Black Realtors was $16,700
As we begin a new year, Inman wants to know how you're feeling about your career, your compensation and your life
As a broker in 2020, if you want to keep your team intact — let alone grow it in numbers — you need to keep your finger on the pulse of what's going on. Here are 3 issues you need to factor in and learn from
Hundreds of real estate professionals who responded to an Inman survey expressed satisfaction with coaching, indicating it made them more money and improved their lives
Opinion
Don’t FSBO your financial future, seek professional help
Median household can only afford 20 percent of homes in some states
Opinion
Commit to just one of these, and see your business grow
Housing subsidies are going to wealthy homeowners at nearly twice the rate of low income renters