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Stock impact report

20 Affordable, Promising Cities to Buy Real Estate in 2024 [Yahoo! Finance]

M.D.C. Holdings, Inc. (MDC) 
Last m.d.c. holdings, inc. earnings: 1/30 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
If you wish to skip our detailed analysis, you can move directly to the Affordable, Promising Cities to Buy Real Estate in 2024 US Real Estate Affordability: A Brief Recap The US housing market has long been subjected to a serious housing crisis. On October 20, 2023, CNN reported that home sales hit a 13-year low in September 2023. A large proportion of would-be buyers were unable to attain a home due to soaring interest rates in addition to highly-priced houses. The monthly payment on an average-priced home required 40% of the median household income which resulted in affordability concerns. Current Affordability Patterns and Home Price Dynamics The New York Times has reported the aforementioned affordability crisis to persist. Home prices in the United States have climbed more than 60% in the preceding 10 years. Simultaneously, a quarter of renters in the United States tend to spend more than half of their income on housing. On the other hand, the mortgage situation remain Show less Read more
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