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Tag Archives: Affordability

Rents Step Closer to Affordability in July

U.S. rents were slightly more affordable in July compared to the previous year, according to Realtor.com's latest rental report, which revealed an increase in rental supply is gradually helping drive down overall rent prices nationwide.

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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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Is Homeownership the Key to Building Wealth?

While homebuyers nationwide continue to struggle with the inflated cost of living and high home prices, a new survey from Arrived revealed an estimated 87.2% of Gen Zers said homeownership is important when building wealth. About 65% cite financial security and stability as the top two reasons why they want to own a home.

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GAO Issues Analysis of FEMA’s Risk Rating 2.0

In a new report measuring the effectiveness of Risk Rating 2.0, the GAO focused on the actuarial soundness of the program, how premiums are impacted, affordability concerns for policyholders, and implications for the private market.

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Rent Price Declines Help to Improve Housing Affordability

The Realtor.com June 2023 Rental Report revealed that experts predict continuing rent declines and moderating inflation will help increase nationwide housing affordability, "providing a much-needed respite for renters and an opportunity to regain some control over their housing expenses," according to Realtor.com Chief Economist Danielle Hale.

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