Affordability Archive

Housing Shortage for How Long?

The inventory of homes for sale continues to shrink. There were 2.02 million homes listed for sale at the end of October, representing only 4.3 months’ supply. A balanced market would be closer to 6-to-7 months’ supply.  From a...

Housing Choices of the 55+ Population: A REALTOR® University Speaker Series Presentation

America’s population is increasingly aging: roughly one in three will be 55 years and older by 2060, up from about one in five in 2010.[1] What are the housing choices of the 55+ adult population? In a presentation at...

Affordability in Monthly Mortgage Payments

Home prices have rebounded nicely with the latest median home price on a single-family home at $220,600 in the U.S., up from around $160,000 just few years ago. Such a robust price gain from the trough would imply less...

The REALTOR® University Speaker Series

NAR Research, in conjunction with REALTOR® University, is pleased to present a free learning resource for REALTORS® and life-long learners alike.  The REALTOR® University Speaker Series is a luncheon lecture series that is open to students, members, and the...

Homeownership Rates: Top and Bottom 5 States

Affordability has a strong impact on homeownership.  Not surprisingly, four of five states with the lowest homeownership rates in the US are characterized by markets with high prices.  Washington, DC has the lowest homeownership rate at 45.3%.   At the...