It’s been decades since mortgage affordability has been this bad, leaving some people to give up hope in the American Dream.
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Ranking the Nation’s Most “House Poor” Cities
By reviewing U.S. Census Bureau data, researchers have ranked the nation’s most “house poor” cities, where homeowners are spending more than 30% of their income on housing costs.
Read More »Cities with Double-Digit Home Price Gains Falls to Single Digits
About 7% of the 221 metropolitan areas tracked by the National Association of Realtors reported double-digit price gains in Q1, falling from 18% from Q4 2022.
Read More »On the Pandemic and Affordability
The Joint Center for Housing Studies at Harvard University provides a glimpse into affordability challenges and the number of cost-burdened households, using newly released data from the Census Bureau.
Read More »Income-Cost Mismatch Affects Affordability
What can be done to increase affordability for severely "cost-burdened" homeowners as the national homeownership rate falls further?
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