Affordability Has Improved in All 50 States
For the past few years, affordability has been what’s stopped a lot of buyers in their tracks. Maybe it stopped you, too. At some point you probably did the math, looked at the monthly payment, and decided to pause your search and wait for things to get better. But here’s something you may have miss
Pending sales inched higher in February. These cities saw the biggest gains, losses.
Improved affordability helped lift activity, but conflict overseas is latest question mark for buyers as rates edge up. Key takeaways Pending home sales rose 1.8% in February after two months of declines, though these contracts to buy existing houses remained 0.8% below last year’s level. Improved
First-time buyers make up highest share of home purchases since last spring
Improving affordability contributed to a 1.7% month-over-month rise in existing sales in February Key takeaways First‑time buyers accounted for 34% of existing‑home purchases in February, the highest share since April 2025. Existing‑home sales rose 1.7% in February from the previous month to an annu
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