A new data report from Redfin (NASDAQ: RDFN) has determined housing affordability did not worsen in 2024, which marked the first time in four years that homebuyers enjoyed a slight break from accelerating prices. Redfin stated a household making the $83,782 median...
A new report from ATTOM has determined that median-priced single-family homes and condos remained less affordable in the fourth quarter compared to historical averages in 98% of counties (556 out of 566) with enough data to analyze. The counties with the largest...
A new forecast from Zillow (NASDAQ: Z, ZG) is pointing to increased homebuying activity during 2025, although market challenges could slow its progress. Zillow is predicting 4.3 million in existing home sales during the coming year, up slightly from 4.1 million in...
The Mexican government is addressing the country’s affordable housing challenge with a new initiative that seeks to build one million homes and offer zero-interest mortgages. Newsweek reported the administration of recently inaugurated President Claudia Sheinbaum’s...
Only 16% of the California’s homebuyers could afford to purchase a median-priced, existing single-family home during the third quarter. But according to the California Association of Realtors’ (CAR) Traditional Housing Affordability Index, this is a mild...