The Affordability Problem

Homeownership is becoming harder to reach as home prices rise faster than wages and everyday expenses make saving for a down payment more difficult. Here’s how the affordability gap has widened over the last 50 years—and what, if anything, is starting to reverse it.
Major Renovations: Avoid Possible Problems Before You Buy

Buying a fixer-upper can be a smart way to enter the housing market, but major renovation plans should be checked carefully before closing. Review zoning, HOA rules, permits, and code requirements early to avoid costly surprises later.