#affordability-challenges

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Greater Boston Housing Report Card Boston Condos For Sale Ford Realty

Greater Boston's housing market shows declining sales but rising prices, reflecting ongoing affordability challenges for buyers.
Despite increased prices in real estate, potential buyers face significant affordability challenges especially in the wake of a recession.

Where Freddie Mac predicts the housing market and home prices will go in 2025

National home prices are expected to rise by an average of 3.5% in 2025, with Freddie Mac predicting only 0.6% growth.

UK house prices hit record high in November

UK house prices reached a record high, with a monthly increase of 1.3% driven by improved mortgage demand and easing interest rates.

More FHA borrowers are using piggyback loans that bear watching: CoreLogic

Piggyback mortgages are increasing among first-time and low-income borrowers for affordability, but come with higher interest rates and potential risks.
#mortgage-rates

Are cheaper mortgages bad news for California's housing market?

Lower mortgage rates in California led to a potential end of a homebuying slump but may result in increased home prices and economic trouble.

Mortgage demand drops, as homebuyers wait for lower rates

Mortgage interest rates have eased slightly, but homebuyers are still hesitant due to ongoing affordability challenges and strong home-price appreciation.
Despite a decrease in interest rates, applications for mortgages to purchase homes have dropped, with many potential buyers waiting for rates to drop further.

Are cheaper mortgages bad news for California's housing market?

Lower mortgage rates in California led to a potential end of a homebuying slump but may result in increased home prices and economic trouble.

Mortgage demand drops, as homebuyers wait for lower rates

Mortgage interest rates have eased slightly, but homebuyers are still hesitant due to ongoing affordability challenges and strong home-price appreciation.
Despite a decrease in interest rates, applications for mortgages to purchase homes have dropped, with many potential buyers waiting for rates to drop further.
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First time home buyers need 53k cash deposit as house prices march higher

The average deposit for a first-time buyer is £53,414, which is around 19% of the purchase price.
High interest rates and soaring house prices have forced homebuyers to save for 10 years to gather the required deposit.

How old is your home? When a house was built can affect affordability in Miami area

The median age of single-family homes in South Florida is 39 years old, slightly lower than the national median of 41.
Half of all homes in the region were built before 1983, while only one in 10 have been built since 2010.
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