Affordability

At 2015 Midpoint, Buying Remains a Better Bargain Than Renting
August 12, 2015

Renters can expect to spend 30 percent of their income on rent, while buyers can expect to spend 15 percent of their monthly...


Buyers Beware as Mortgage Rates Rise (Especially in California)
July 1, 2015

As of Q1 2015, potential homebuyers should expect to spend roughly 15 percent of their income on a mortgage for a typical...


Sweet Spot, Redux: An Updated Look at Markets Balancing Opportunity and Affordability
June 4, 2015

In most places, healthy job growth translates into pricey housing, as more demand for homes from people landing those jobs...


April Market Reports: Buying Conditions Are Ripe, But Homeownership Headwinds are Strong
May 20, 2015

U.S. rents grew at their fastest pace in two years in April, surpassing growth in home values. Rents grew faster than...


Meet Me in St. Louis: Where Millennials Can Actually Find an Affordable Home
April 28, 2015

Nationwide, 70 percent of homes for sale are affordable to the typical millennial. Honolulu has the lowest share of inventory...


Six-Shooter: Why Rent Affordability is Suffering in These Six Markets
April 10, 2015

Renters in New York, L.A., Miami, San Francisco, San Jose and San Diego should all expect to spend a minimum of 39.4 percent...


What Determines Your Personal Breakeven Horizon?
April 7, 2015

The decision to buy or rent a home is really a choice between buying a home that you hope will appreciate in value; or renting...


Gazing at the Horizon: Why the Buy/Rent Equation is Changing
April 7, 2015

As of Q4 2014, the U.S. Breakeven Horizon is 1.9 years, up by 1.5 months from Q2 2014. Among large metros, Los Angeles...


Rental Goldilocks Zone: Where Conditions are 'Just Right' for Renters
April 1, 2015

Markets with affordable rent and good job growth include Las Vegas, Phoenix and Jacksonville. Markets with unaffordable...


Low Housing Supply Squeezes Affordability
March 26, 2015

Nationwide, mortgage affordability remains high, buoyed by low mortgage rates. Rent affordability continues to worsen....