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Migration

The (Unattainable) American Dream?

As limited supply and affordability barriers continue to hinder potential homebuyers, Bankrate surveyed how U.S. adults feel about the ever-changing housing market, revealing that nearly half of all Americans believe it's a bad time to buy, while many others believe they'll never be able to afford their dream home. Here’s what else the survey revealed.

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Illinois Court Rules on Property Taxes & Eminent Domain

The Illinois Supreme Court has reversed the Third District’s holding in a case where a property owner was entitled to a refund for monies it paid for property taxes on land which the government seized in eminent domain proceedings. Click through to read details of the decision.

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Worst Housing Affordability in 40 Years?

"Home buyers face the most difficult affordability conditions in nearly 40 years due to limited inventory and rising mortgage interest rates," said Jessica Lautz, NAR's Deputy Chief Economist and VP of research. Read on for details from a new NAR study.

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Declining Affordability Fuels Home Sellers to Drop Prices

While October saw an uptick in new listings, home sellers nationwide are taking a chance on the market and dropping their prices to attract more buyers. A new market report from Redfin revealed that many Americans remain concerned that mortgage rates may not decline any time soon.

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Big Apple, Big Rental Demand

While the Midwest remains the most dominant region for renters nationwide, one New York borough was named the most popular location for renters, according to RentCafe's October Rental Activity Report. Click here to see which other locales topped the list.

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Even Top-Paying Jobs May Not Get You into a Home

Having a high-paying job doesn’t guarantee you can easily afford a place to live, especially in cities like San Francisco or New York City—even for those earning over $1M annually. Click through to find out where the standard 28% ratio of your monthly income goes the farthest.

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