The income required to afford asking rents for a US apartment fell to the lowest level since March 2022, with affordability seen improving further in 2025, a Redfin (RDFN) report showed Wednesday.
Data assumes homebuyer spends no more than 30% of income on monthly mortgage payment; Chart: Axios Visuals You need to earn nearly a quarter of a million dollars a year to afford a typical San Diego ...
After instituting huge rent increases over the past few years, landlords have taken a breather and allowed renters' wages to catch up, making it much more affordable to manage rental costs, according ...
The new report from Redfin said that South Florida was the 2nd least affordable place for renters in the country last year.
Digital home finance company, Lower, has appointed industry veteran Adam Wiener as its new president. In this role, Wiener ...
The renter-to-homeowner conversion is becoming a bigger ask for potential borrowers, as home prices remain high, mortgage ...
Trump's "more benign than expected" tariff policy action "so far" could help bring down mortgage rates, Redfin economist Chen ...
For the first time since 2022, a new study from Redfin revealed that home prices are increasing in all major U.S. metros, ...