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Thanks to a nationwide housing shortage, the prices of homes in the U.S. just keep going up. The median sales price of new houses sold in November 2024 was $402,600, and the average sales price was...
Cities like Knoxville and Savannah, which once proved to be affordable options for people earning less than six figures, are now pricing out middle-income buyers. Record-low mortgage rates of 2.96 ...
Mortgage rates have eased slightly in recent weeks after spending much of 2024 trending higher. The average rate for a 30-year fixed-rate mortgage was 6.95% as of July 3, according to Freddie Mac....
If you've been waiting for interest rates to drop before buying a new home, you may be in luck. Trends show that the national 30-year fixed mortgage interest rate has decreased by nearly one ...
New York City has a shortage of affordable housing resulting in overcrowding and homelessness. New York City attracts thousands of new residents each year and housing prices continue to climb. Finding affordable housing affects a large portion of the city's population including low-income, moderate-income, and even median income families. [67]
Looking for the most affordable homes in your state? Look no further. ... 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 ... especially now that mortgage rates are sticking in the high 6% ...
The median sale price per square foot for new single-family homes across the U.S. was $192 in 2022, and it's now up to $214 so far this year, according to a new report from Home Bay. In some major ...
For instance, in Anaheim, Calif., less than 0.5% of listings were affordable to the typical Black and Latino households in 2023, compared with nearly 2% that were affordable for the average white ...