The share of renters who are cost-burdened has risen to the highest level since 2012, according to a new survey from Apartment List. Here’s how many households were rent burdened in America in 2022 per U.S. Census data.
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Growing Affordability Constraints Persist for Buyers
With many Americans citing high home prices and mortgage rate conditions as primary reasons for being unable to afford a home, an estimated 75% of consumers in Fannie Mae’s latest Home Purchase Index believe now is a bad time to buy a home, causing many to pull back from their home searches.
Read More »The Truth Behind Housing Data
A recent reaction to Zillow’s August New Home Sales report is urging the housing industry to cease sugarcoating housing data. Take a look at what Zillow Chief Economist Svenja Gudell had to say.
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