Affordability remains one of the largest hurdles the housing market faces, and no state struggles more than California. A new report from Attom found 16 of the 50 highest risk markets — those more vulnerable to declines in home affordability, equity and other measures — were in California, followed by nine in New Jersey, four […]
California tops list of riskiest housing markets Read More »
Arizona Senator Ruben Gallego wants to use an employment-based visa program to draw more foreign investment into the US housing market, the latest proposal from Washington aimed at easing an affordability crunch caused by years of underbuilding and higher mortgage rates. Gallego – a Democrat whose travel to key states this year spurred speculation of
Senator seeks to tap foreign visa program to ease housing costs Read More »
Only a handful of ZIP codes in the nation’s largest metros remain affordable for would-be homeowners. Movingplace found that just three of the 150 most populous ZIP codes had median home prices low enough to keep mortgage payments under 28% of income, a common benchmark for affordability. Conforming mortgage guidelines call for a 28%
New York has most expensive ZIPs for renters looking to buy Read More »