Housing Market News
Affordability
In Atlanta, Nearly Half of Homes For Sale Are Affordable on the Nation’s Median Income. In San Francisco? Less Than 1%.
Redfin’s new affordability tool allows users to visualize and compare housing affordability on different incomes and in different parts of the country. In the Atlanta
In Microsoft’s Hometown of Redmond, WA, Just 22% of Homes Are Affordable to Its Own Engineers—The Company’s Affordable Housing Pledge Could Help Change That
Microsoft’s $500 million commitment to affordable housing could help ease the Seattle area’s affordability crisis and make way for more diverse communities. When Microsoft announced
Football stadiums are expensive — what does that mean for affordable housing?
Super Bowl Sunday is almost here. If you are from Boston or Los Angeles, you may be psyched to see your city compete, and if
St. Louis, Pittsburgh and Columbus Are the Most Affordable Areas for Millennial Homebuyers
In some coastal areas, only a small portion of homes are affordable to the typical millennial—but in certain inland cities, nearly 90 percent of the
As the Number of Homes For Sale Increases, Fewer Homes are Affordable to Middle Class Buyers
Although the number of homes for sale is increasing rapidly in some markets, the number of affordable homes for sale is falling. We have written
A Typical Boston Homebuyer’s Monthly Housing Costs Jumped $225 Thanks to Mortgage Rate Hikes
Similar increases are common in many other markets, leading buyers to ask: “Should I wait and see if prices fall or buy before mortgage rates
Homes in Highly Rated School Zones Cost 35% More Than the Average U.S. Home. But the Premium Is Much Smaller in Some Parts of the Country.
The typical U.S. home located in a highly rated school zone costs $580,000, which is 35% more than $430,000 for the typical home overall, regardless
Housing and Childcare Consume More Than Half of the Typical U.S. Family’s Income–But Costs Vary Widely by Metro
Where a family lives can change the affordability equation: housing and childcare consume 40% of the typical working family’s income in Little Rock, compared with
First-Time Buyers Catch a Break As Affordability For U.S. Starter Homes Improves Slightly Faster Than Overall Market
Starter-home affordability is improving: The income needed to afford a typical U.S. starter home is down 1.5% from a year ago, marking eight straight months
The Income Needed to Afford Typical American Home Holds Steady Near Record High of $110,000
Housing costs keep rising, but so do incomes, leaving the income required to afford a home largely unchanged from last year’s record high. The income
From Bust to Boom: San Francisco Home Prices Are Now $1 Million Higher Than Housing-Crash Bottom
San Francisco’s median home-sale price dropped to a low of $625,000 in the aftermath of the Great Recession; since then, it has risen over $1
Affordable, Inland College Towns Buck National Trends, Seeing Double-Digit Home Price Growth and Fast Sales
Morgantown, WV, Syracuse, NY and Tuscaloosa, AL, lead U.S. college towns in home-price growth, all posting double-digit year-over-year climbs. The most expensive college towns—Santa Barbara,
