Vast majority of U.S. homes are unaffordable to the average buyer
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
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As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
The Collin County Association of Realtors reports year-to-year median sales prices in Collin County are up nearly 20%, but homes are staying on the market longer.
Debt just became more costly for consumers – whether that's auto loans, credit cards, and in some cases home mortgages.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Economists say that DFW homes are overvalued 48%.
Researchers found that cities that already had a large share of remote workers before the pandemic tended to attract even more after the pandemic shutdowns.