Personal finance site SmartAsset ranked these cities as the best markets for first-time buyers in terms of affordability and ...

U.S. housing affordability has shifted, with Midwest and Rust Belt cities standing in stark contrast to high-priced markets.

The Housing Affordability Index ... a mortgage loan on a typical home at the national and regional levels based on the most recent price and income data. An index above 100 signifies that a ...

when the index stood at 100.2. The affordability index incorporates median existing-home prices, median family incomes and average mortgage rates.

WalletHub named Flint, Michigan, the most affordable city to own a home, boasting the lowest cost of living and the most ...

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...

Across the country, the prospect of home ownership is slipping out of reach for the ordinary buyer. The affordability gap — an estimate of the difference between an area’s median household ...

So what would it take to close the nation’s affordability gap? 39% price cuts, 2.4% mortgages, or 62% pay hikes. Or a mix of ...

The average home sales price is $503,800. Hawaii is the most expensive state to buy a house, with a median home value of $843,723, according to the Zillow Home Value Index average over the first ...

Homebuyers who applied for purchase loans in August paid an average of $83 less than those in July, a sign that affordability is improving. According to the Mortgage Bankers Association's (MBA) ...

and owning a home now eats 44% of local paychecks, up from 28% in 2019, says the John Burns Affordability Index. With migration cooling, the high rollers propping up prices are thinning out.