Housing affordability

Home values posted the largest month-over-month spike in over five years due to continued buyer demand, according to Quicken Loans.

Here's a look at five up-and-coming housing markets for digital mortgage professionals, based on home affordability and the availability of technology careers.

One million dollar tear-downs. Bidding wars. House hunts that last for years. Life in the Bay Area real estate market has long been harsh for buyers.

While home affordability reached a 32-month high in September, it could continue to increase in the fall months, according to Black Knight's Mortgage Monitor.

Miami-Dade's housing affordability crisis is so dire, it now poses as much of a threat to the region as sea level rise, according to Florida International University's Jorge M. Perez Metropolitan Center.

Fannie Mae is cracking down on homebuyer education requirements, particularly for first-time homebuyers and purchasers utilizing high loan-to-value mortgages.

With housing affordability still a prominent hurdle to homeownership, prospective buyers — especially millennials — now get creative in order to find suitable homes, according to Chase and the Property Brothers.

Vancouver home sales rebounded 46% in September in a sign that Canada's most expensive home market may be finding its feet following a policy-driven downturn.

Millennials — now more than ever — dictate the direction the housing market is moving in, and with the deceleration of starter home prices, more should become homeowners soon, according to CoreLogic.

Home prices have more than recovered since the recession, but higher-than-ever medical and student debt is robbing many homeowners from realizing the benefits, while keeping others away from the market, according to Zillow.