September 7, 2024 4:31 pm
Facebook Twitter Youtube Instagram Linkedin
Rose Law Group

Most homes for-sale are unaffordable to most people

By Rose Quint | Eye On Housing

Affordability continues to be a serious constraint for prospective home buyers. One way to find out buyers’ perception about this issue is to ask them to estimate the share of all homes for-sale in their markets they are able to afford. A strong majority of 79% say they can afford fewer than half of the homes available. This, in turn, means that only 21% of buyers believe they could buy most any home for-sale in their markets. These findings come from NAHB’s Housing Trends Report (HTR)* for the third quarter of 2018.

A substantial majority of Millennial home buyers – 80% – estimate they can afford fewer than half the homes for-sale in their areas. The share is not much better among Gen X’ers (79%) or Boomers (75%).

READ ON:

 

Share Who Can Afford Fewer than Half the Homes For-Sale By Generation (Percent of Prospective Home Buyers) / Eye On Housing
Share this!

Additional Articles
News Categories

Get Involved

Stay Informed

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

learn more

Recent Articles

Post Calendar

December 2018
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31  
Rose-Law-Group-RCF-Logo-FINAL-LG-png.png
Facebook Twitter Youtube Instagram Linkedin
© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.