{"id":17372,"date":"2020-05-26T11:40:17","date_gmt":"2020-05-26T11:40:17","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=17372"},"modified":"2020-05-26T11:40:17","modified_gmt":"2020-05-26T11:40:17","slug":"where-home-buyers-find-greater-affordability","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/where-home-buyers-find-greater-affordability\/","title":{"rendered":"Where Home Buyers Find Greater Affordability"},"content":{"rendered":"

Where Home Buyers Find Greater Affordability<\/h1>\n
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The number of homes for sale has shrunk since the COVID-19 pandemic began. Some sellers pulled their listings, making it tougher for buyers to find a home and compounding the issue in many markets that were already inventory-starved before the pandemic.<\/p>\n

Indeed, protections against COVID-19 have exacerbated the housing shortage, realtor.com\u00ae reports. In April, the number of new listings fell 45% year over year.<\/p>\n

\u201cInventory has been low and has continued to be low nationwide because builders have not kept up with the number of buyers in the market,\u201d says Danielle Hale, realtor.com\u00ae\u2019s chief economist. \u201cThe areas that have seen the worst inventory shortages are a lot of Rust Belt cities and West Coast areas where builders have really struggled to put up new housing.\u201d<\/p>\n

The markets with the lowest inventories in the nation are Buffalo, N.Y.; Columbus, Ohio; Rochester, N.Y.; Springfield, Mass.; and Harrisburg, Pa., realtor.com\u00ae reports.<\/p>\n

Realtor.com\u00ae\u2019s research team recently identified which metros offer the most affordably priced homes as well as decent inventory. They included metro areas that are more affordable for residents earning local salaries, and markets that have at least 10 active home listings per 1,000 households. The following markets topped their list as the most affordable with the most listings:<\/p>\n

Des Moines, Iowa<\/strong><\/p>\n