A family with two middle-class incomes can’t afford a median-priced home in most of the largest U.S. cities, according to a Redfin analysis of affordability based on list prices and median incomes. Home prices, which have seen two straight years of 13 percent increases, are rising again.
What do February's sluggish home sales and decreasing affordability mean for you? Buyers and sellers will need to adjust expectations. Here is some expert advice from Redfin agents to help you successfully navigate the market.
Young single ladies are on the hunt... for a house! According to fresh Census data, 31,540 more single women under the age of 35 became homeowners in 2013.
No Homes in San Francisco within Reach for Teachers UPDATE: A refreshed version of this report, including an updated methodology, the most current salary and property information as well as historical analysis is now available to view here. Teachers help form the foundation for strong, local communities, yet just 17 percent of homes for […]