Housing Market

Affordability

The Five Most Affordable Places for Teachers to Buy a Home Are All in California

Merced, CA—an agricultural hub hit hard by the Great Recession—topped the list of U.S. metro areas where teachers had relatively high disposable incomes in 2020. Another California metro, San Jose, was the least affordable place for teachers to buy homes. The five most affordable areas for teachers to purchase homes in 2020 were all located […]

Demand for Vacation Homes Fell for Second Consecutive Month in July

Primary residence mortgage locks fell for the first time in over two years. Demand for second homes fell 21% year over year in July, the second consecutive month of annual declines in mortgage-purchase locks. This followed 13 months of surging activity in second-home purchases. Demand for primary home purchases fell by 4% year over year […]
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