In brief: Housing affordability has become a potent election issue, and mortgage lenders are among the institutions drawing public criticism. A new survey finds that one in three respondents holds banks and mortgage lenders responsible for the housing crisis, although...
In brief: A growing share of U.S. housing markets now gives buyers more room to negotiate, but that leverage is not translating into affordability. A new national market analysis finds that rising mortgage rates wiped more than $22,000 from the purchasing power of a...
First-time homebuyers are increasingly willing to bargain, and many say the most persuasive concession is a lower asking price. A lender-sponsored survey of 934 prospective and recent first-time buyers found that 86% were comfortable making an offer below list price,...
Honolulu voters will decide five housing-related changes to the city’s governing charter on November 3, including whether to keep loan repayments inside its affordable-housing fund and eliminate a separate public-hearing requirement for city property...
Homes priced in the entry-level tier now account for 36.2% of active U.S. listings, down from 38.1% in August 2019, according to a Realtor.com analysis released October 8. Over that span, the national price threshold defining a starter home rose from about $260,000 to...