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Tag Archives: Affordable Housing

Examining 2023’s Hottest U.S. ZIP Codes for Housing

The Hottest ZIP Codes of 2023 report from Realtor.com showed that homebuyers are seeking areas with larger homes and closer proximities to work, with many Americans flocking to areas that are more affordable relative to the rest of the country and less expensive than their nearby metro areas.

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High-Opportunity Areas Have More (But Less Affordable) Homes for Sale

While many Americans continue to struggle with housing affordability, a new study from Redfin shows that homes in high-opportunity neighborhoods are not only selling for roughly $130,000 more, but they are also disproportionately white. Meanwhile, homes in low-opportunity areas are becoming less affordable due to gentrification.

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Nationwide Supply of Low-Cost Rentals Down in Every State

As rental demand heightens, the overall supply of low-rent units has fallen by 3.9 million over the last decade due to rent increases in existing units, building condemnations, and demolitions, according to the latest Joint Center for Housing Studies State of the Nation Housing report.

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