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
Property Taxes Have Surged Nearly 60% in Tampa and Jacksonville Since 2019, Exacerbating Florida’s Housing Affordability Crisis
Property tax bills have increased since 2019 in nearly every major U.S. metro, with Florida home to three of the five metros with the biggest
U.S. Home Prices Grew 0.5% in September, the Fastest Pace Since April
Home prices grew 0.5% month over month in September, the fastest pace since April. On a year-over-year basis, home prices rose 6%, the smallest annual
Renters Are Nearly Twice as Likely as Homeowners to Say Housing Affordability Impacts Their Pick for President: Survey
32% of surveyed renters say housing affordability is a top-three issue when it comes to deciding which presidential candidate they’ll support. That compares with 17%
Trump vs Harris: Renters Debate Who Is Better for Housing Affordability
Roughly half of surveyed renters think Kamala Harris would be the best choice to make housing more affordable, while about one-third think Donald Trump would
Buying a Starter Home Is Now Cheaper Than It Was a Year Ago
Buyers need to earn $77,000 to afford the typical U.S. starter home, down 0.4% year over year. That’s the first annual decline since 2020 thanks
Asking Rents for New Apartments Drop 6% to Lowest Level Since 2022, as Finished Buildings Soar
The asking rent for a new apartment fell to $1,746 in the second quarter, down 6.2% from a year ago. One-bedroom apartments fell the most,
