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On the Kansas side, the most affordable city in the metro is Leavenworth, with household bills averaging $1,784 per month. It ranks 17th most expensive out of a list of 35 Kansas cities, putting ...
On U.S. News’ housing market index, which is calculated by looking at a city’s housing demand, housing supply and financial health, Kansas City received a 72.8 out of 100. The data comes from ...
Also unclear is how long very low income residents will have to wait for homes they can afford to be built. | Editorial Kansas City needs affordable housing now. Plan to link help to November vote ...
Boise City, Idaho: Close to 63 percent of homes sold were affordable on a median income in 2014 in Boise. In 2023, that dropped by 62.8 percent to just 18.23 percent of homes being affordable.
NAR existing-home-sales data showed a 4.2-month housing supply level as of August 2024, which is much healthier than the record low of 1.6 months but still continues to favor sellers.
In August 2006, Barron's magazine warned, "a housing crisis approaches", and noted that the median price of new homes had dropped almost 3% since January 2006, that new-home inventories hit a record in April and remained near all-time highs, that existing-home inventories were 39% higher than they were just one year earlier, and that sales were ...
Indeed, housing affordability is the worst it's been this century, with mortgage rates exceeding 7% and home prices that are up 5% year-to-date. Monthly mortgage payments reached an all-time high ...
On Monday, the average 30-year fixed mortgage rate reached 7.48%, marking the highest level since the year 2000. Even prior to this recent surge in mortgage rates, housing affordability, as ...
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