In a study tackling affordability for the spectrum of middle class buyers, online loan marketplace LendingTree broke out the data by lower-, middle-, and upper-middle class subgroups.
It's prime real estate season and on the West Coast, inventory is ticking up and sales are struggling, with some indications that home prices may fall, if they haven't already.
According to recent Census data, 71.3 percent of new-home sales were financed with conventional loans in Q1 2019, the eleventh quarter in a row in which these loans were used to finance more than 71 percent of all new-home sales.
According to the Department of Commerce, sales of new homes were up 4.5 percent month-over-month in March at a seasonally adjusted annual rate of 692,000
Millions of homes may be lost to flooding from climate change by 2100, L.A. County's first sustainability plan, ICC's legal battle, investment capital flooding coastal home developments at risk for flooding, and Tesla's solar sales
In February, new-home sales increased 4.9 percent over the previous month to a seasonally adjusted annual 667,000 pace, according to the latest data from the Department of Commerce