The 30% rule is now unrealistic. Here are 3 places you won't have to blow your budget to afford a home right now.

Tech Insider : Business, Economy
A group of identical homes.
A report says the typical American will have to spend more than 30% of their income to buy a home.

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5 predictions for the US housing market in 2025, according to Realtor.com

Tech Insider : Business, Economy
Orange, yellow, green trees around houses on edge of body of water with the trees and houses reflecting into it
Realtor.com's 2025 housing market outlook has predictions for home prices and mortgage rates.

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Kamala Harris' $25,000 down payment assistance plan is a band-aid fix for the housing crisis, Zillow's chief economist says. 3 policies that will actually help home affordability.

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Vice President Kamala Harris
Vice President Kamala Harris waves to supporters after her speech at the Democratic National Convention last week.

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3 signs the housing market's affordability recession is finally ending

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housing market neighborhood

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Mortgage rates spike above 7% for the first time this year as the market adjusts to delayed Fed cuts

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Homebuyers signing a mortgage.
Homebuyers signing a mortgage.

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A third of Gen Z and millennial homebuyers plan to use family money for a down payment amid sky-high housing costs

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Homebuyers have to earn 80% more than they did pre-covid to comfortably afford a house today.
Homebuyers have to earn 80% more than they did pre-covid to comfortably afford a house today.

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No partner? No problem. People are joining forces with friends to afford to buy a house

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Two people showing excitement in an empty home.
A recent survey found that 48% of people would consider buying a house with a friend.

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I bought a house with my ex 14 years after we broke up. We're saving so much money, and I'm happier.

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A man and woman posing in front of a stage.
Elisa Ball and her roommate, John.

Courtesy of Elisa Ball

A booming stock market means homebuyers will be more tolerant of high mortgage rates, Compass CEO says

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A for sale sign.
A for sale sign.

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Americans see cheaper mortgage rates ahead as expectations flip for the first time ever in Fannie Mae's latest survey

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Home for sale sign

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