{"id":81,"date":"2026-10-07T12:00:00","date_gmt":"2026-10-07T12:00:00","guid":{"rendered":"https:\/\/www.homessoldbyfrank.com\/blog\/?p=81"},"modified":"2026-10-07T12:00:00","modified_gmt":"2026-10-07T12:00:00","slug":"4-questions-shaping-us-housing-affordability","status":"publish","type":"post","link":"https:\/\/www.homessoldbyfrank.com\/blog\/2026\/10\/07\/4-questions-shaping-us-housing-affordability\/","title":{"rendered":"4 Questions Shaping US Housing Affordability"},"content":{"rendered":"<div class=\"video-zmyer\">\n<div class=\"video-frame-zmyer\">\n        <iframe loading=\"lazy\" width=\"640\" height=\"640\" src=\"https:\/\/www.roomvu.com\/agent\/embed\/frank-mellace\/america-housing-deflation-remotion-videos-70e4\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><br \/>\n        <\/iframe>\n    <\/div>\n<div class=\"video-description-zmyer\">\n<p>There\u2019s no doubt that housing affordability is on everyone\u2019s mind right now, especially for first-time buyers navigating the New Jersey market. Lately, we\u2019re seeing sellers get more flexible\u2014offering concessions that could mean real savings for buyers who are working hard to make homeownership possible. But the biggest hurdle remains: borrowing costs. With Treasury yields near 5% and average 30-year mortgage rates above 7%, monthly payments have climbed. In the four weeks ending September 13, the median monthly mortgage payment hit around $2,600, up about 3% over last year. Many homeowners are holding on to their low-rate mortgages, making listings scarce and keeping prices sticky at those pandemic-era highs. Still, industry experts aren\u2019t talking about a crash\u2014just a steady correction, backed by strong equity and solid lending standards. For buyers and sellers alike, there are still opportunities out there. If you\u2019re a first-time buyer, remember there are downpayment assistance programs right here in NJ that can help bridge the gap. Whether you\u2019re buying, selling, or navigating a challenging situation, understanding your options is key to making the most of today\u2019s market.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>There\u2019s no doubt that housing affordability is on everyone\u2019s mind right now, especially for first-time buyers navigating the New Jersey market. Lately, we\u2019re seeing sellers get more flexible\u2014offering concessions that could mean real savings for buyers who are working hard to make homeownership possible. But the biggest hurdle remains: borrowing costs. With Treasury yields near [&hellip;]<\/p>\n","protected":false},"author":163,"featured_media":82,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-81","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts"],"_links":{"self":[{"href":"https:\/\/www.homessoldbyfrank.com\/blog\/wp-json\/wp\/v2\/posts\/81","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.homessoldbyfrank.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.homessoldbyfrank.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.homessoldbyfrank.com\/blog\/wp-json\/wp\/v2\/users\/163"}],"replies":[{"embeddable":true,"href":"https:\/\/www.homessoldbyfrank.com\/blog\/wp-json\/wp\/v2\/comments?post=81"}],"version-history":[{"count":1,"href":"https:\/\/www.homessoldbyfrank.com\/blog\/wp-json\/wp\/v2\/posts\/81\/revisions"}],"predecessor-version":[{"id":83,"href":"https:\/\/www.homessoldbyfrank.com\/blog\/wp-json\/wp\/v2\/posts\/81\/revisions\/83"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.homessoldbyfrank.com\/blog\/wp-json\/wp\/v2\/media\/82"}],"wp:attachment":[{"href":"https:\/\/www.homessoldbyfrank.com\/blog\/wp-json\/wp\/v2\/media?parent=81"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.homessoldbyfrank.com\/blog\/wp-json\/wp\/v2\/categories?post=81"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.homessoldbyfrank.com\/blog\/wp-json\/wp\/v2\/tags?post=81"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}