housing affordability

Home Affordability Declines in 40 percent of Housing Markets

U.S. home affordability has out priced wage growth in 40 percent of U.S. Housing Markets, including Atlanta where 12 of the 21 counties in this report show that home prices are growing faster than wage increases. Most of the Georgia counties reviewed show that they are less affordable than the historic average. ATTOM Data Solutions, curator of the nation’s premier[...]

housing affordability

Executive Order Supports Housing Affordability

Breaking News! President Trump put housing at the forefront of the national debate today by signing an executive order focusing on tackling the housing affordability crisis impacting America today. As the economy has strengthened, demand for safe, affordable housing has skyrocketed, but the housing industry has not been able to  mean this needed supply. By signing this order President Trump[...]

Majority of College Graduates Can Afford Homeownership

According to a recent report from RealtyTrac®, the nation’s leading source for comprehensive housing data, 96 percent of the housing markets in the United States are still affordable for recent college graduates with student loan debt. However, it was also noted in the study that college graduates with loan debt will need a 34 percent higher income to purchase a[...]

DeKalb County Makes List of Most Affordable Markets for Millennials

Two Georgia counties have made RealtyTrac’s recent rankings of the Most Affordable Housing Markets for Millennials. Richmond County, which is located in the Augusta-Richmond County metro area, took the top spot on the list, while DeKalb County claimed the No. 3 spot. Many industry experts say that the millennial generation is the key to the current housing market recovery, with their[...]

Positive News for Housing Affordability

According to the National Homebuilders Association, the affordability of housing Nationwide was close to its highest level in the third quarter of 2009.  With low interest rates and low house prices, the affordability of housing increased for the third straight quarter and is nearing a historic level since the National Association of Homebuilders/Wells Fargo Housing Opportunity Index was first compiled[...]