A recent WalletHub study found that Hawaii was the state with the lowest effective tax rate at 0.27 percent, but that isn’t helping when it comes to maintaining an affordable housing stock in the Aloha State. Most of the country ...
Read More »The Four U.S. Cities Where Paychecks are Stretching Furthest
Those looking to get the biggest bang for their bucks would be most likely to find it west of the Mississippi, according to a new joint report by Trulia and Indeed. The firms looked at which American cities stretch paychecks the ...
Read More »Low-Income Rental Housing Shortages Happening Nationwide
The nationwide shortage of housing inventory is a daily topic in the industry in 2018, with accelerating home prices combining with inventory shortfalls to make it very difficult for many potential homebuyers to find an actual home to purchase. The ...
Read More »The Week Ahead: Measuring Home Affordability
On Monday, March 26, First American will release its monthly Real House Price Index (RHPI) for January. The RHPI measures the price changes for single-family homes across the U.S. after adjusting for the impact of income and interest rate changes ...
Read More »Are Homes More Affordable Than We Thought?
The housing market is feeling the squeeze as high prices, low inventory, and high demand all butt up against each other, making it difficult for many potential homebuyers to find a house of their own (or at least one they ...
Read More »In San Francisco, $1 Million Buys an ‘Earthquake Shack’
It’s no secret that California is home to some of the priciest housing markets in the United States. According to a recent study by the Paragon Real Estate Group (using data provided by the California Association of Realtors’ Housing Affordability ...
Read More »Availability Over Location: Housing Market Shifts Focus
Buying a house in 2018 has become steadily more intricate with consistent declines in availability and continued price increases, according to an analysis by Realtor.com that identified a shift in buyer activity. The report analyzed thousands of views to Realtor.com’s ...
Read More »Home Prices Decelerating in Luxury Markets
Since the 2008 financial crisis, predicting where the housing market is headed next has become a game with very high stakes indeed. Tracking the interactions between home prices, affordability, the impact of regulation (or deregulation), and a thousand other factors ...
Read More »Inventory and Affordability Taking a Toll on Home Sales
Existing-home sales dropped both month-over-month and year-over-year in January 2018, experiencing their largest annual decline in over three years, according to a report from the National Association of Realtors. NAR’s Existing-Home Sales calculations track “completed transactions that include single-family homes, ...
Read More »Home Affordability: The Tale of Two Coasts
Affordability has less to do with salary and more to do with how in sync salary is with local housing markets. In Q4, affordability turned out to be very much a tale of two coasts.
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