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Housing Affordability

Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are facing. Existing-home sales declined 4.9 percent from December 2024 to a seasonally adjusted annual rate of 4.08 million in January, the National Association of Realtors (NAR) said in a news release on Friday, Feb. 21. The median home price climbed 4.8 percent year-over-year to $396,900, the highest amount ever in a month of January. In the Northeast, sales fell 5.7 percent from December to an annual rate of 500,000 homes, though they increased 4.2 percent from January 2024. The m…
NY Ranked Among Best States For Raising Families In New Study: Find Out Why NY Ranked Among Best States For Raising Families In New Study: Find Out Why
NY Ranked Among Best States For Raising Families In New Study: Find Out Why Massachusetts leads the U.S. as a place for raising families and two other Northeast states are among the nation's best, according to a new study. WalletHub released its 2025 list of best and worst states to raise a family on Monday, Jan. 13. The personal finance website ranked each state on family-friendliness, evaluating factors like housing affordability, healthcare quality, job security, and education. Massachusetts claimed the top spot, excelling in education and healthcare. The state boasts the nation’s best public schools, the highest rate of children with health insurance, and …
Most Expensive States: Here's Where NY Ranks, New Report Says Most Expensive States: Here's Where NY Ranks, New Report Says
Most Expensive States: Here's Where NY Ranks, New Report Says A new ranking by CNBC has found that both New York and Massachusetts are part of the top 10 most expensive states to live in. The CNBC report, which was published on Friday, July 12, used an index of prices for a broad range of goods and services, which was calculated by the Council for Community and Economic Research (C2ER), alongside housing affordability and the cost to insure a median-priced home, to determine the list of spendy states. New York, which ranked in ninth place (tied with Florida, Rhode Island, and Washington), earned a grade of D- from CNBC’s “Top States for Business 202…