Affordability Archive

A More Encompassing Look at Housing Affordability: REALTORS® Affordability Distribution Curve and Score

Because housing is a big part of many Americans’ financial wellbeing the ability to access homeownership – housing affordability – is an important topic. The National Association of REALTORS® (NAR) Housing Affordability Index is a great way to understand...

First-time Buyers Sidelined by Lack of Supply and Rising Prices

Lack of homes available for sale and the concomitant rise in prices appears to be sidelining many first-time potential homebuyers in 2018. In the first two months of 2018, first-time buyers made up only 29 percent of home buyers...

What Would an Increase in Mortgage Rates Mean for Homebuyers?

Experts forecast that the U.S. economy is in for yet another solid year of strength, albeit not at the same level as in 2017. NAR expects that the mortgage rate for a 30-year fixed mortgage will rise to 4.4...

A More Encompassing Look at Housing Affordability: REALTORS® Affordability Distribution Curve and Score

Because housing is a big part of many Americans’ financial wellbeing the ability to access homeownership – housing affordability – is an important topic. The National Association of REALTORS® (NAR) Housing Affordability Index is a great way to simply...