Millennials want more space in the rental market

As the housing market continues to be marked by high mortgage rates and record-breaking home prices across many U.S. regions, renting continues to play a pivotal role for millions of people. Currently, more than 44 million U.S. households rent their homes, a figure that is expected to continue to ri

Where New Yorkers Can Afford To Rent a Home—Based On How Much They Earn

Getty ImagesLiving in New York City is an extraordinary experience, but it takes more than an ordinary income to afford to rent a roof over your head.The median asking rent in the city for July was $3,421, according to a new Realtor.com® report.At a time when rents in the U.S. have been declining, r

What Mortgage Rate Are You Waiting For?

You won’t find anyone who’s going to argue that mortgage rates have had a big impact on housing affordability over the past couple of years.

The 10 Markets That Could See the Biggest Home Affordability Gains as Mortgage Rates Drop

Getty Images (3)Mortgage rates are set to decline, and some areas could see bigger gains in home affordability than others.A new Realtor.com® analysis shows the metro areas where affordability for the median earner will improve the most if rates drop to 6.3%, which could happen in the coming months.