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California Housing Affordability Sinks to 17-Year Low

California Housing Affordability Sinks to 17-Year Low

by Phil Hall | Aug 13, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California’s housing affordability during the second quarter sank to its lowest levels in nearly 17 years due to elevated home prices and mortgage rates, according to data from the California Association of Realtors (CAR). The second quarter’s level was less...
New Study Names Massachusetts as the Best State to Live In

New Study Names Massachusetts as the Best State to Live In

by Phil Hall | Aug 12, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The number crunchers at WalletHub are back with yet another list, this time with the 2024 edition of The Best States to Live In. For this study, WalletHub compared the 50 states across five key dimensions: housing affordability, the state economy, education and...
Guest Opinion: How to Improve Housing Affordability and Drive New Supply

Guest Opinion: How to Improve Housing Affordability and Drive New Supply

by James H. Schloemer | Jul 31, 2024 | Guest Opinion, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

James H. Schloemer is chairman of the National Multifamily Housing Council. This article is edited and adapted from prepared remarks made on behalf of the National Multifamily Housing Council and the National Apartment Association during a July 24 hearing held by the...
JD Vance: ‘Absurd Cost of Housing is the Result of So Many Failures’

JD Vance: ‘Absurd Cost of Housing is the Result of So Many Failures’

by Phil Hall | Jul 18, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sen. JD Vance accepted the Republican Party’s nomination for vice president with an acknowledgment of the challenges facing the U.S. housing market. However, the Ohio senator focused on what he perceived to be the roots of the problems but did not offer strategies for...
Survey: 91% of Gen Zers Cite Housing Affordability as Top Election Year Issue

Survey: 91% of Gen Zers Cite Housing Affordability as Top Election Year Issue

by Phil Hall | Jun 3, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new survey from Redfin (NASDAQ:RDFN) found more than nine in 10 (91%) adult Gen Zers declaring that housing affordability is their top issue in this year’s presidential election. Gen Zers rated housing affordability as a more important factor in their vote than any...
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