Affordability

Property tax, mortgage relief package introduced by Ohio lawmakers

A new bill introduced in the Ohio Senate would create a grant program to help older and disabled homeowners cover the cost of their property taxes, mortgages and essential household bills. Senate Bill 255 — dubbed the “Save the Dream Ohio” program — would allow qualifying homeowners to apply for up to $3,000 per year […]

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US birth rate hits record low, housing costs weigh on family planning

The U.S. birth rate fell to an historic low in 2024, continuing a nearly two-decade decline that researchers say is shaped in part by rising housing costs. The Centers for Disease Control and Prevention reported that the national fertility rate dropped below 1.6 children per woman last year. The replacement level — or rate needed

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3 Reasons Affordability Is Showing Signs of Improvement This Fall

For the past couple of years, it’s been tough for a lot of homebuyers to make the numbers work. Home prices shot up. Mortgage rates too. And a number of people hit pause because it just didn’t feel possible. Maybe you were one of them. But there’s some encouraging news. If you’ve been waiting for

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New York and DC homeowners set for biggest savings from SALT cap hike

Homeowners in New York and Washington, D.C., stand to gain the most from the recently expanded federal cap on state and local tax (SALT) deductions — with typical households in these locations saving more than $7,000 a year, according to a Redfin report released Thursday. The change — part of President Donald Trump’s One Big

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US home flipping profits hit lowest level since 2008

The share of U.S. homes flipped by investors fell in the second quarter of 2025 while profit margins dropped to levels not seen in more than 15 years, according to new data from ATTOM. Flippers resold 78,621 single-family homes and condominiums between April and June, or 7.4% of all sales.That was down from 8.3% in

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Help exists for cash-strapped homebuyers — but many don’t know it

As home prices and mortgage rates continue to stretch budgets, many would-be homebuyers are wondering if they’ll ever be able to make the jump. Industry professionals say that creative financing tools and professional guidance can make homeownership more attainable, but a lack of awareness continues to stand in the way. Three voices from different corners

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$67K to sell a home? Consumers drastically underestimate the costs

Home sellers expect to spend about $18,500 on expenses, but the actual cost is more than $67,000, according to a new report from Clever Offers, a platform owned by Clever Real Estate. The report found that on average, recent sellers spent: $21,024 on pre- and post-listing repairs and improvements $14,204 on seller’s agent commission $13,691

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Household income climbs in some big cities, outweighed by inflation in others

Household income in the U.S. rose slightly in 2024, but the picture looks very different depending on where you live. The national median income reached $83,730 last year, up 1.3% from 2023, according to a new report from online fintech company SmartAsset. That modest increase failed to keep pace with the roughly 3% inflation rate,

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Coldwell Banker’s Jason Waugh urges agents to ‘own the moment’ in shifting housing market

Speaking to thousands of real estate professionals at Coldwell Banker’s Generation Blue Experience 2025, company president Jason Waugh told agents that today’s market — despite volatility — represents one of the greatest opportunities of their careers. “We’ve been through three years of a contracting or flat market,” Waugh told attendees at Las Vegas’ Fontainebleau. “It’s

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What a Fed Rate Cut Could Mean for Mortgage Rates

The Federal Reserve (the Fed) meets this week, and expectations are high that they’ll cut the Federal Funds Rate. But does that mean mortgage rates will drop? Let’s clear up the confusion. The Fed Doesn’t Directly Set Mortgage Rates Right now, all eyes are on the Fed. Most economists expect they’ll cut the Federal Funds

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