Housing affordability

For people in their 20s and 30s, New Hampshire's home prices are rising as fast as their concerns over affording a place to live.

Homeownership is one of the fastest ways for people to build wealth and giving down payment assistance provides creditworthy borrowers an opportunity to buy a house they otherwise wouldn't have, according to the CBC Mortgage Agency.

Between 2014 and the third quarter of 2019, the median price of a single-family home in the Boise area increased 75%, to $303,100 from $172,900, according to the National Association of Realtors.

A significant number of millennials planning to purchase their first home during 2020 have not yet taken the financial steps necessary to successfully complete the process, a TD Bank survey found.

Sales of new homes cooled for a third month in December, signaling a potential pullback after purchases climbed to some of the best levels in more than a decade amid lower borrowing costs and a solid labor market.

Bidding wars for Bay Area homes have scraped new lows, as buyer fatigue with high prices and stressful deals saturates most of the region.

The inventory of homes for sale is at a seven-year low and that is likely to continue to shrink in the coming months, a Zillow report said.

The rate of home sales reached a 33-month peak in December, swinging the pendulum of supply and demand, and pushing value appreciation to a 19-month high, according to Redfin.

With home price appreciation decelerating, the top end of the marketplace appears to be taking the biggest hit, according to Zillow.

More than half of Columbus homebuyers are millennials, according to a new study from the mortgage lead generation company LendingTree.