Mastodawn

A record 242 US cities now have starter homes that cost $1M

https://investors.zillowgroup.com/news-and-events/news/news-details/2026/A-record-242-US-cities-now-have-starter-homes-that-cost-1M/default.aspx

#HackerNews #starterhomes #housingmarket #realestate #milliondollarhomes #urbanliving #Zillow

A record 242 US cities now have starter homes that cost $1M

The bar for entry-level homeownership has never been higher. While the typical starter home nationwide is worth $198,649, a record 242 cities now have starter homes valued at $1 million or more, according to a new Zillow® analysis . A typical "starter home" is defined for this analysis as a home in the lowest third of home values in a given region. The count of cities with million-dollar starter homes has grown from 226 cities a year ago, even as affordability pressures have begun to ease in parts of the country. The effects of the pandemic housing boom have proven durable. A housing shortage , a decade in the making, ran headlong into intense demand amid historic lows in mortgage rates, driving up home values at a record pace. While plenty of markets are still feeling the pinch of this price reset, conditions are slowly becoming friendlier for buyers: The typical home buyer now breaks even relative to renting after roughly six years, down from more than eight years in late 2023. "The

Zillow Group, Inc.

N-gated Hacker News 2d ago

🎉 Breaking News! 🎉 It turns out that the magical 30% rent rule is as undead as a vampire in today's economy—👻 surprise! The article reads like a real estate agent's fever dream, trying to sell you on the notion that it's still 1995. 🌟 Spoiler: it's not. 🏚️
https://www.realtor.com/advice/rent/wages-in-america-are-too-low-for-the-30-rule-to-work-for-renters-anymore/ #BreakingNews #RealEstate #30PercentRule #EconomicReality #HousingMarket #HackerNews #ngated

Wages in America Are Too Low for the 30% Rule To Work for Renters Anymore

The 30% rent rule may not work in today's economy. Here's why experts say cash flow matters more than a decades-old guideline.

Real Estate News & Insights | realtor.com®

Fast Company 2d ago

Easing housing market lock-in? 47% of homeowners say they'd accept up to 6.0% mortgage rate on their next purchase

https://www.fastcompany.com/91561179/homebuyer-home-seller-housing-market-turbohome-resiclub-survey

#HousingMarket #RealEstate #Finance

Easing housing market lock-in? 47% of homeowners say they'd accept up to 6.0% mortgage rate on their next purchase

Here are the full results of the Q2 2026 TurboHome-ResiClub Housing Sentiment Survey.

Fast Company

cashinmortgages 4d ago

𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰? Canada's job market may look flat nationally, but the story changes when you look region by region.

📈 The Prairies and Atlantic Canada continue to add jobs
📉 Ontario and Quebec have seen softer employment trends

Local job growth plays a major role in housing demand, affordability, and buyer confidence.

#HousingMarket #CanadianRealEstate #CashinMortgages #MortgageUpdate #EconomicTrends

World news | The Guardian Jun 12

Liberals are scaring first-home buyers with warnings of negative equity - but experts believe there's little to worry about

https://www.theguardian.com/australia-news/2026/jun/13/liberals-are-scaring-first-home-buyers-with-warnings-of-negative-equity-but-experts-believe-theres-little-to-worry-about

#HousingMarket #AustralianPolitics #Economy

Liberals are scaring first-home buyers with warnings of negative equity – but experts believe there’s little to worry about

Exclusive: Economists say falling house prices are largely in the more expensive parts of Sydney and Melbourne’s markets and are less likely to affect first-time property owners

The Guardian