American homebuyers still face an expensive market as housing costs continue to climb. With interest rates around 7%, most buyers nationwide must sacrifice the size of their home or risk getting pushed out of their local market altogether. Without a sign of home prices or interest rates dropping in the near future, potential buyers must weigh the risks of an unaffordable market and decide whether they’ll compromise on size or location. In our third annual report, we calculated how much square footage homebuyers can afford across major cities in America with the national median purchase price o ..read more

In this July edition of the RealtyHop Housing Affordability Index, we examine what American households across the 100 largest cities need to spend on housing to find out: Is homeownership affordable or possible for the average American family? With mortgage rates teetering around 7.0% this month, prospective buyers and recent homebuyers still face unaffordable markets that tighten their budgets. Current renters must carefully decide whether to rent or buy and consider their local market’s affordability. As median list prices increased across 56 of the 100 surveyed cities this month, buyers ..read more

New York City hosts the country’s fourth least affordable housing market, and buyers must carefully asses their budget and search criteria during the purchasing process. Many prospective buyers can find deals across the boroughs that offer attractive features and prices. The following units under $1,050,000 include private outdoor space, access to building amenities, and in-unit laundry. 171 Henry Street #2D Manhattan, NY PRICE $999,000 BED 1 BATH 2 TYPE Condo NEIGHBORHOOD Two Bridges BOROUGH Manhattan Prospective buyers looking for private outdoor space can consider this one-bedroom ..read more

In this June edition of the RealtyHop Housing Affordability Index, we examine what American households across the 100 largest cities need to spend on housing to find out: Is homeownership affordable or possible for the average American family? Mortgage rates fell below 7.0%, yet prospective buyers still face unaffordable markets that leave them questioning whether to rent or buy. As housing costs climbed in 62 of the 100 cities this month, would-be buyers found themselves with fewer housing options. In more competitive markets, low inventory still presents a significant barrier to homeowner ..read more

New York City still hosts the country’s fourth least affordable housing market, and buyers must carefully asses their budget and search criteria during the purchasing process. Buyers looking for larger apartments with multiple bedrooms can still find appealing options. The following units under $900,000 include in-unit laundry, private outdoor space, and stainless steel appliances. 120 Riverside Boulevard #4J Manhattan, NY PRICE $899,000 BED 1 BATH 1 TYPE Condo NEIGHBORHOOD Upper West Side BOROUGH Manhattan Upper West Side buyers can consider this spacious one-bedroom condo with floo ..read more

New York City hosts the country’s fourth least affordable housing market, forcing buyers to carefully asses their budget and search criteria during the buying process. Buyers looking for larger apartments with multiple bedrooms can still find appealing options. The following units under $875,000 include pre-war charm, in-unit laundry, and private outdoor space. 77 W 55th Street #3E Manhattan, NY PRICE $875,000 BED 2 BATH 1 TYPE Condo NEIGHBORHOOD Midtown BOROUGH Manhattan This spacious two-bedroom provides an attractive opportunity for Midtown workers who prioritize a short commute ..read more

Earth Month is a time to evaluate our existing relationship with the planet and raise awareness to improve policies and sustain our natural resources. While homeowners have to balance their list of must-haves with high housing costs and low inventory, they may not consider their dream area’s sustainability. Greener cities can improve the quality of life for residents, making their day-to-day more enjoyable and decreasing risks of long-term health conditions. In honor of Earth Month, we’ve compiled a list of the Top 100 Greenest Cities in America and evaluated each city based on its sustainabi ..read more

In this April edition of the RealtyHop Housing Affordability Index, we examine what American households across the 100 largest cities need to spend on housing to find out: Is homeownership affordable or possible for the average American family? Despite multiple signals that the Fed would cut rates soon, mortgage rates stay above 6.5% as the job market and inflation continue to defy expectations. Though housing inventory has increased with spring underway, affordability remains an issue in most markets This month, the median list price increased in 86 of our 100 surveyed cities, further burd ..read more

In this April edition of the RealtyHop Housing Affordability Index, we examine what American households across the 100 largest cities need to spend on housing to find out: Is homeownership affordable or possible for the average American family? Despite multiple signals that the Fed would cut rates soon, mortgage rates stay above 6.5% as the job market and inflation continue to defy expectations. Though housing inventory has increased with spring underway, affordability remains an issue in most markets This month, the median list price increased in 86 of our 100 surveyed cities, further burd ..read more

New York City hosts the country’s fourth least affordable housing market, forcing buyers to carefully asses their budget and search criteria during the buying process. Buyers looking for larger apartments with multiple bedrooms can still find appealing options. The following units under $975,000 include private outdoor space, impressive primary suites, and access to building amenities. 400 E 56th Street #11G Manhattan, NY PRICE $975,000 BED 2 BATH 2 TYPE Co-op NEIGHBORHOOD Midtown East BOROUGH Manhattan Midtown East buyers will appreciate this spacious two-bedroom, two-bathroom unit ..read more