#housing-affordability

#housing-affordability

These findings underscore the depth and breadth of the housing crisis, which is increasingly pricing out working families across the country regardless of geography or profession, said David M. Dworkin, president and CEO of the National Housing Conference. The housing affordability crisis is now hitting families in every metro area, for nearly every occupation. The analysis of 390 metropolitan areas found that nearly one-third now require double the income needed just six years ago to purchase a home.

Wausau, Wisconsin, has secured a place on the Realtor.com® 2025 Hottest ZIP Codes list, highlighting the demand for affordable, fast-moving homes in the Midwest. Each year, the rankings identify communities where listings sell at record speed and attract far more buyer attention than the national average. In 2025, Wausau's 54403 ZIP code made the cut, underscoring the enduring appeal of smaller Midwestern cities that combine affordability with quality of life.

Mortgage rate squeeze: AI investments are diverting capital from the housing market, contributing to the housing affordability crisis and impacting home sales. Utilities impact: The AI industry's high energy demands are driving utilities to expand capacity, with projects like nuclear reactors aiming to meet data center needs, potentially benefiting consumers with stable pricing. Water consumption: AI data centers are significant water consumers, leading to shortages and increased utility bills for residents, exacerbating housing market pressures.

From January to June 2025, Kenosha listings drew 2.9 times more views per property than the typical U.S. listing and sold in a median of 29 days. The median listing price came in at $321,000, well below the national median of $440,000, underscoring why this Midwestern hub has become a magnet for value-driven buyers.

Situated in the Lehigh Valley region, Allentown offers a strategic location, relative affordability, and a mix of urban and suburban living that's resonating with buyers in 2025. From January to June 2025, Allentown listings received 2.9 times more views per property than the U.S. average and sold in a median of just 24 days. The median listing price during that period was $433,000, putting it just below the national median of $440,000 and making it one of the more affordable markets in the Top 20.

Zohran joined Congresswoman Clarke and Congressman Jeffries today to meet with Black clergy leaders from across central Brooklyn, Dora Pekec, a spokesperson for Mamdani's campaign, told CNN in a statement. They engaged in a wide-ranging discussion on a number of issues including the urgent affordability crisis and the exodus of Black New Yorkers from the five boroughs and Zohran shared his agenda to make sure every New Yorker can afford to continue to call this city home and live a life of dignity.

In July 2025, California's median home price reached $828,900, according to Redfin - more than double the median in Texas ($352,700) and significantly higher than in Arizona ($439,200) and Nevada ($465,200). For families facing affordability challenges, the numbers alone make a compelling case to relocate. California also levies a top state income tax rate of 13.3% on incomes over $1 million - the highest in the country.

Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and the most properties on the market in over five years. Existing home sales rose 2% last month from June to a seasonally adjusted annual rate of 4.01 million units, the National Association of Realtors said Thursday. Sales edged up 0.8% compared with July last year.

They love their city, but most described it as "dysfunctional," "anxious," even "schizophrenic."

Kounalakis stated, "This decision was not made lightly. At this moment, I believe I can make the greatest impact by focusing on California's financial future."

At TransUnion, Arana led national sales across the auto and mortgage sectors. Working with homebuilders and mortgage lenders, Arana gained insight into the full housing value chain and one of its most urgent challenges: affordability.

This bipartisan bill gives families the chance to invest, grow equity and strengthen our local economy.

Nicole expressed that even with both her and her husband's well-paying jobs, they find it difficult to afford a family home, saying, "We'd love to leave our apartment and get some space, but it just feels so out of reach."

Nearly one-third of Texas homeowners might face unexpected tax bills when selling, as 32.9% exceed the $250,000 federal capital gains exemption.

The cafe would breathe new life into the Carpenters, creating a welcoming and inclusive space for all. This vibrant community hub will serve residents and invite people from across Newham to connect and enjoy.

Rhode Island's 'Taylor Swift Tax' imposes steep surcharges on luxury second homes valued over $1 million, potentially adding over $100,000 in new property taxes for owners like Swift.

The South firmly establishes itself as the top region for renters in 2025, by claiming an impressive 41 of the 50 featured cities.

According to the U.S. Department of Housing and Urban Development, a household that spends more than 30% of its income on housing is deemed to be cost-burdened. If it spends more than 50%, it’s considered severely burdened. In 2023, 54% of all renters spent more than 30% of their pretax income on housing. That's up from 43% of renters in 1999.

A household making the median income of $82,168 requires an additional raise of $17,670 annually to afford home payments, highlighting rising affordability challenges.

Premiums for mobile home insurance can vary based on the age and condition of the home, insurance claim history, and location.