Realtor Todd Luong of REMAX DFW Associates in Frisco said his recent experience reflects meaningful improvement for buyers, even if affordability remains strained. Here in the Dallas real estate market that I serve, affordability remains a challenge, he says. However, there is a significant amount of data showing that buyer conditions have improved over the past year and that buyers are gaining affordability ground. This should eventually increase housing demand to some degree as we head into the busy spring buying season.
McCann noted that Massachusetts ranks third in job security and ninth in poverty rate, which increases the likelihood that parents will be able to provide for their children. While Massachusetts is not the cheapest state - with high housing and child care costs compared with the rest of the nation - McCann said that residents make up for it with high incomes. In addition, Massachusetts has the fifth-best water quality in the country,
It was not exactly mourned by the types of auto hobbyists who read car magazines: If you'd ever driven a Versa rental car, you'd probably understand. It was a tiny thing even by subcompact standards, and not rich in features, style or horsepower. But what it was, was a relatively cheap and affordable new sedan you could purchase in the United States.
When Rep. Seth Moulton announced his plans to challenge Sen. Ed Markey last October, candidates flocked to the open race to replace him. So far, seven candidates have officially launched campaigns to represent Massachusetts's 6th Congressional District. They come from a variety of backgrounds, with some advertising their experience in the halls of power and others proudly labeling themselves as political outsiders. They share some commonalities, such as a disdain for the Trump administration and a stated desire to make life more affordable for residents.
Donald Trump claimed victory on the economy after 12 months back in office on Tuesday, declaring it to be the greatest first year in history as many Americans express alarm over the cost of living. In a stream-of-consciousness speech at the Detroit Economic Club, the US president delivered his gold-tinted view of how the economy has fared on his watch. Prices were down, he claimed, despite official data showing otherwise, and productivity was smashing expectations.
The used electric vehicle market is getting more interesting by the day. As new vehicles get more expensive, budget-conscious buyers will increasingly look to the used market. And in this category, EVs are increasingly hitting the sweet spot. After years of record new-EV sales, a wave of off-lease models is now hitting dealer lots, giving shoppers more choice, lower prices and vehicles that still offer the core EV advantages such as fewer moving parts, lower maintenance costs and no trips to the gas station.
The year 2025 is widely considered by real estate experts to be a year of normalization for the U.S. housing market, moving away from the extremes of the pandemic era. This shift is characterized by a more balanced market with increased inventory and a slower pace of price growth, though it is not expected to be a dramatic price correction or a buyer's market nationally.
A nerdy economics essay recently went viral. It asserted that the federal measure for the poverty line was woefully outdated and that for a family of four, the income needed today to function in American society was $140,000. The essay, by Michael Green, a financial market strategist, struck a nerve and set off another round of debate about affordability, focused this time on whether people with six-figure incomes should feel strapped.
As housing, utilities, and everyday costs of living continue to climb, a growing share of Massachusetts residents say the math of staying in the Bay State no longer works. In a recent Boston Globe/Suffolk University poll and an informal survey of Boston.com readers, residents said Massachusetts is just too expensive to get by. The Globe/Suffolk survey found that about one-third of Massachusetts voters have seriously considered leaving the state in the past year because of affordability pressures, even as a majority still believe the state is generally moving in the right direction.
As part of our big best cities survey for 2025, we asked residents of cities across the globe to rate the affordability of various activities in their hometown. They told us how they rate the cost of eating out, seeing a movie, grabbing a coffee, going to see art, watching live theatre or comedy, booking a live gig, getting a drink in a bar and going on a night out.
