In Los Angeles, only 187 new housing units were added for every 1,000 new arrivals.
The current rate borrowers were quoted on Zillow Mortgages is 3.56 percent.
Home values rose 6.6 percent last year, but lower-tier homes dropped 3.2 percent in value.
Access to mortgages is about two-thirds of the way back to pre-housing crisis levels.
People in San Jose, Miami and San Francisco feel the greatest confidence in the housing market.
Hint: There’s a method to the March Madness.
Starbucks caffeinates home values, too, and some cities see a bigger jolt than others.
The Bay Area, New York City and other hot real estate markets have been coping with rapid rent appreciation for years. Now the rent is surging in smaller markets, raising affordability concerns.
With each annual rent hike, more renters are leaning toward homeownership.
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Black and Hispanic communities were hit harder by the recession, and those groups have less access to credit than white and Asian borrowers.
She did everything right, but this social worker in Pennsylvania still can’t find a way to buy a house.
We’ve always needed shelter. But now we’re packing IMAX movie theaters, bookstores, ice-cream shops and more into our homes.
Although owning is now twice as affordable as renting, monthly payments alone don’t tell the full story.
Home values continued to rise in the US, especially among homes at the bottom of the housing market. Those home values fell most steeply during the recession.