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Sales of $2M-Plus Homes Down 16% in the First Quarter, Biggest Year-Over-Year Decline Since 2010

Sales of $2M-Plus Homes Down 16% in the First Quarter, Biggest Year-Over-Year Decline Since 2010

Sale prices for homes in the top 5% of the market fell for the first time in nearly three years. But in some cities, the luxury market strengthened. The average sale price for luxury homes nationwide fell 1.6 percent to $1.55 million in the[...]
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Just 10% of Nashville Homes Are Affordable to Local Musicians, Down From 50% Five Years Ago

Just 10% of Nashville Homes Are Affordable to Local Musicians, Down From 50% Five Years Ago

The city’s $500 million commitment to affordable housing—along with a request for $250 million from the private sector—is aiming to help combat the housing affordability crisis in Nashville for all of its residents. Just 10.1[...]
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In Charleston, 24% of Homes Are Affordable on a Teacher’s Salary, Down From More Than 50% Five Years Ago

In Charleston, 24% of Homes Are Affordable on a Teacher’s Salary, Down From More Than 50% Five Years Ago

As South Carolina teachers prepare to go on strike to demand higher wages, see where housing affordability for the profession has dropped and where it’s remained relatively steady. Just 24 percent of homes for sale in Charleston, South[...]
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Luxury is Becoming More Attainable. Here’s What Luxury Homes for Sale Look Like Around the Country

Luxury is Becoming More Attainable. Here’s What Luxury Homes for Sale Look Like Around the Country

For the first time in years, the average sale price for luxury homes nationwide fell to $1.55 million in the first quarter of 2019. Living luxuriously just became more affordable, relatively speaking. For the first time in nearly three[...]
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Here are the Most (And Least) Affordable Metros for a Baby’s First Year, Including the Cost of Upgrading From Two to Three Bedrooms

Here are the Most (And Least) Affordable Metros for a Baby’s First Year, Including the Cost of Upgrading From Two to Three Bedrooms

Birmingham, Alabama is the most affordable place to raise a baby, thanks to its relatively low childcare costs and the modest expense associated with moving to a bigger home. See where else it’s more affordable to add to your[...]
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