A squad of economists is waging a stealth war on America's '30% rule'
The Brooke Amendment — a law otherwise known as 'the 30% rule' that has shaped US housing policy since the 1960s — is in the crosshairs as spending on real estate soars to record heights
by Marian McPherson May 31
Housing affordability improves for 2nd consecutive month
Thanks to decreases in monthly mortgage costs and a normalizing market, the National Association of Realtor's Affordability Index improved once again in August
by Marian McPherson Oct 12
Homeownership affordability drops in two-thirds of U.S.
Median prices of single-family homes and condos are now less affordable than historical averages in 63% of counties, up from 54% one year ago, according to a new report
by Lillian Dickerson Sep 23
Minimum wage workers must clock 97 hours a week to afford housing
According to the National Low Income Housing Coalition, minimum wage workers need to make $23.96 per hour to comfortably afford a two-bedroom rental
by Marian McPherson Jul 20
US home affordability makes gains in second quarter
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
by Lillian Dickerson Jun 24
Growing number of homeowners feel 'house rich and cash poor'
Stagnant wage growth and booming costs of living are stressing homeowners, according to a new HomeTap study
by Marian McPherson Oct 23
5 markets where homebuyers can win big with falling prices
Texas dominated the list with 4 of its largest markets making the cut
by Marian McPherson May 4
Wage growth is great, but it can raise the homeownership barrier
First American's Real House Price Index shows buyers in San Francisco, New York and Los Angeles won't reap the benefits of increased wages
by Marian McPherson Feb 27
Consumers losing confidence in housing, job security
Uncertainty about the effects of tax reform lower Fannie Mae's Home Purchase Sentiment Index by 2.0 points
by Marian McPherson Jan 8
Housing affordability plunges in majority of markets, Attom says
Deteriorating wage growth and rising home prices bringing some major markets to low affordability levels
by Jennifer Riner Sep 30
How has Miami rent changed since 1980?
Apartment List compares inflation-adjusted rents and real household incomes in major US metros
by Yuki Graviet Knapp Jul 14
How has San Francisco rent changed since 1980?
Apartment List compares inflation-adjusted rents and real household incomes in major US metros
by Yuki Graviet Knapp Jul 14
How Has LA Rent Changed Since 1980?
Apartment List compares inflation-adjusted rents and real household incomes in major US metros
by Yuki Graviet Knapp Jul 14
baltimore market
Market index studies employment, purchase applications, mortgage failures and payment-to-income ratio
by Britt Chester Jul 14
Low-income earners spending disproportionate rate on mortgages, Zillow says
Bottom tier buyers priced out of major California markets, but the Middle America remains affordable
by Jennifer Riner Jul 13