Similar Stories to Owning A House In The U.s. Is Now The Most Expensive Since 2007, New Report Finds on Bing News

Owning a house is less affordable for average earners in the U.S. than at anytime in 17 years. The costs of a typical home—including mortgage payments, property insurance and taxes—consumed 35.1% of the average wage in the second quarter, the highest share since 2007 and up from 32.1% a year earlier, according to a new report from Attom. [time-brightcove not-tgx=”true”] Read More: America Needs a New Approach on Affordable Housing.

BING NEWS:
  • Low-price home affordability increases as mortgage rates ease: report
    Less-expensive “starter” houses are becoming more affordable as mortgage rates are coming down, a trend that’s being bolstered by a recent boost to household incomes. Home buyers have ...
    09/30/2024 - 5:18 am | View Link
  • US new home sales fall less than expected; median house price declines
    Sales of new U.S. single-family homes fell less than expected in August and could regain momentum in the months ahead as declining mortgage rates and house prices stimulate demand.
    09/25/2024 - 8:05 am | View Link
  • Savannah among 10 most expensive Georgia cities for housing, rent, USA Today study reveals
    Savannah has been highlighted as one of the most expensive cities to rent a home, according to a USA Today study.
    09/24/2024 - 9:45 pm | View Link
  • Athens, Jefferson most expensive Georgia cities for housing, rent, USA Today study reveals
    Athens and Jefferson have been highlighted as two of the most expensive cities to rent a home, according to a USA Today study.
    09/24/2024 - 9:04 pm | View Link
  • US monthly house prices edge up in July
    U.S. single-family home prices edged up in July, but the overall trend is slowing amid improving supply, which together with easing mortgage rates could make buying a house more affordable.
    09/24/2024 - 1:02 am | View Link
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