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Median-priced homes becoming less affordable due to high prices and mortgage rates, making homeownership a challenge for buyers.

8293694

The Hill

Washington

District of Columbia

United States

Cost of home ownership highest since 2007: Research

Ad Fontes Media

All Sides

Media Bias/Fact Check

Washington Times

The Washington Times LLC

Not easy to afford a home: Ownership costs surge to 35% of average wage, highest since 2007


Nexstar Media Group

The affordability of homes in the U.S. has hit its lowest point in 17 years, making it more challenging for average earners to own a home than at any time since 2007. What Happened: Data from Attom reveals that the costs of a typical home, including mortgage payments, property insurance, and taxes, consumed 35.1% of the average wage in the second quarter. This is a significant increase from 32.1% a year earlier, Bloomberg reported on Wednesday. …

Benzinga

New York

Now Owning A House In US Is More Challenging Than Ever As Affordability Drops To Lowest Level Since 2007: Report

The research also found that expenses on median-priced homes now account for about 35.1% of the average national wage, the highest percentage since 2007.

The Business Journals

Advance Publications

Cost of home ownership highest since 2007, see how Tampa Bay fares

The worst markets were concentrated in the West and Northeast. Counties with the largest populations that were unaffordable between April and June were Los Angeles County, California; Cook County, Illinois; Maricopa County, Arizona; San Diego County, California; and Orange County, California.

Newsweek

IBT Media

Housing market trouble as 582 US counties now unaffordable

“How much can I afford to buy a house?” This is one of the most pressing issues facing many Americans today. For ordinary income Americans, their current ability to buy a house is lower than at any time in 17 years.

「我能買得起多少錢的房子？」這是當今許多美國人面臨的最緊迫問題之一。對於普通收入的美國人來說，目前他們買一棟房子的負擔能力比17年來的任何時候都要低。

美國住房負擔能力跌至2007年以來最低點 | 房屋 | 買房

大纪元 Epoch Times

Falun Gong

America's housing affordability falls to its lowest point since 2007

Owning a home now takes more than a third of a person’s income, making the housing market “particularly challenging” for prospective buyers, according to real estate data curator ATTOM.
In 99 percent of counties across the United States, the median price of single-family homes and condos remained “less affordable” in the second quarter, according to a July 3 ATTOM press release. The cost of owning such a property consumed 35.1 percent of the ave…

The Epoch Times

Epoch Media Group

Home Ownership Costs Highest in 17 Years, at Almost 35 Percent of Average Income: Report

Owning a house is less affordable for average earners in the US than at anytime in 17 years.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Home Affordability in the US Sinks to Lowest Point Since 2007

In 1.2% of U.S. counties, homes became more affordable over the second quarter of 2024 when compared with historical averages, Attom Data Solutions says

MarketWatch

Murdoch family

In 99% of the U.S., homes became less affordable this year. Here are the 7 places where they didn’t.

New data shows that a median-priced, single-family home and condo are the most expensive they have been since 2007, as many Americans continue to struggle in the current housing market.

Study: Cost of home ownership highest since 2007

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