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Residents in these cities are seeing more affordable homes hit the market
- Buffalo is the most affordable city in the U.S., with 55% of homes affordable for median-income earners according to a new Zillow report.
- St. Louis follows closely with 54.5% of homes affordable, while Pittsburgh completes the top three cities for affordability at 54.3%.
- In contrast, only 3% of homes in Los Angeles are affordable for median-income buyers, marking the lowest share nationwide.
- Freddie Mac reported a decrease in mortgage rates, with the average 30-year fixed rate falling to 6.56%, the lowest level in 10 months.
15 Articles
15 Articles
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Buffalo, St. Louis Top List For Affordable Homes
A new Zillow report shows Buffalo, St. Louis, and Pittsburgh leading the nation in housing affordability, while cities in California and New England lag far behind, The Hill reported. Finding a reasonably priced home has grown increasingly difficult across much of the United States, but fresh data from Zillow indicates some markets are offering a clearer path to affordability. The report found that Buffalo, New York, tops the list, with about 55…
Residents in these cities are seeing more affordable homes hit the market
(NEXSTAR) – Finding a home for the right price is never easy, no matter where you live in the U.S. However, a new report from Zillow shows that some major markets are having significantly more luck finding affordable homes than others. While "affordable" can certainly be subjective (mortgage payments across the country have more than doubled in the last five years), more homes have begun to become well within the reach of a typical resident maki…
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